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U.S. lumber and panel market reports

February 26, 2016

U.S.: Lumber and panel market report ---- Week 8  2016
Random Lengths Lumber Market Report
Framing lumber trading paused after a mostly busy first three weeks of February. Prices in key species still finished the week higher, but the overall pace of sales slowed. Producers cited mid-March order files as the key reason for the pause, and buyers acknowledged that they needed time to digest recent purchases and higher prices. Weather was also a factor, with warm conditions stoking demand in some markets and wintry or severe weather slowing sales in others. The Random Lengths Framing Lumber Composite Price edged up for a fourth straight week. 


  This Week
Feb 26
Last Week
Feb 19
Year Ago
Random Lengths Framing Lumber Composite Price* $315 $314 $357
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 271 267 313
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 364 360 418
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 318 312 317
Southern Pine (Westside) #2 2x4 R/L 372 379 420
KD Coast Hem-Fir #2&Btr 2x4 R/L 310 303 330
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 670 670 665
* Weighted average of 15 key items




Random Lengths Panel Market Report
Structural panel demand faded modestly. Strong OSB sales the previous two weeks dissipated to a more measured pace at the end of the month. Prices continued to post increases, but most gains were in single digits. Upward momentum ebbed late in the week. Southern Pine plywood buyers closely managed inventories, but replenishment purchases were steady enough to keep prices on a firm footing. Western Fir plywood sales were a grind, and prices of most items were flat to soft.


(f.o.b. mill prices) This Week
Feb 26
Last Week
Feb 19
Year Ago
Random Lengths Structural Panel Composite Price* $348 $346 $381
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 368-395 365-393 440-490
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 370-398 370-393 445-500
Western 1/2-inch 4-ply rated sheathing plywood 330 330 413
North Central 7/16-inch Oriented Strand Board 227 223 195
*Weighted average of 11 key items



(Source: Used with permission granted by Random Lenghts Publications, Inc.)  

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