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U.S. lumber and panel market reports

June 03, 2016

U.S.: Lumber and panel market report ---- Week 22  2016
Random Lengths Lumber Market Report
Traders came back from the long holiday weekend in the U.S. in a cautious mood. Weakness in futures Tuesday to start the short workweek, and more downside on Wednesday, contributed to the quiet tone in framing lumber. However, Southern Pine — running partly countercyclical to other species — showed more spark despite heavy rains in the key Texas market. With price trends narrowly mixed, the Random Lengths Framing Lumber Composite Price slipped $2, to $355.


  This Week
Jun 3
Last Week
May 27
Year Ago
Random Lengths Framing Lumber Composite Price* $355 $357 $315
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 322 325 265
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 420 420 364
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 355 350 300
Southern Pine (Westside) #2 2x4 R/L 395 404 334
KD Coast Hem-Fir #2&Btr 2x4 R/L 375 380 305
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 705 705 670
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel sales were lukewarm at best. Extended mill order files allowed OSB producers in most regions to hold to their quotes, as inquiries were light following the U.S. holiday. Sluggish sales and eroding order files forced several Southern Pine plywood producers to seek orders more aggressively. They did this Tuesday and Wednesday by opening to counters of up to $20 on rated sheathing. Sales of western Fir plywood held to a steady, mostly uneventful pace. 

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Jun 3
Last Week
May 27
Year Ago
Random Lengths Structural Panel Composite Price* $376 $377 $367
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 360-378 362-382 410-442
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 360-380 365-385 415-442
Western 1/2-inch 4-ply rated sheathing plywood 370 368 407
North Central 7/16-inch Oriented Strand Board 280 280 203
*Weighted average of 11 key items



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

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