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U.S. lumber and panel market reports

July 01, 2016

U.S.: Lumber and panel market report ---- Week 26  2016
Random Lengths Lumber Market Report
Price trends were mixed heading into the holidays in Canada and the U.S. A surge in futures on Tuesday sparked action in S-P-F trading through Wednesday. Elsewhere, the pace ranged from moribund, to steady, to active. Southern Pine producers sought to build order files with more urgency, sometimes opening to hefty discounts to sell volumes. Scattered month/quarter-end discounting also was noted, while buyers mostly held back awaiting next week for a clearer view of the market going forward. In the West, some Coast mills reported active trading Tuesday, while others slogged through the week with little demand.


  This Week
Jul 1
Last Week
Jun 24
Year Ago
Random Lengths Framing Lumber Composite Price* $347 $348 $348
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 315 316 300
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 418 420 390
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 353 353 345
Southern Pine (Westside) #2 2x4 R/L 378 378 352
KD Coast Hem-Fir #2&Btr 2x4 R/L 357 357 335
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 705 705 670
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel trading was active as the first half ended. With holidays approaching in Canada and the U.S., OSB producers extended order files and applied modest upward pressure on quotes. July got off to a solid start for Southern Pine plywood mills, as prices of rated sheathing advanced in steady trading. After a sluggish start, the western Fir plywood market picked up steam Tuesday and resumed the hot pattern of recent weeks.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Jul 1
Last Week
Jun 24
Year Ago
Random Lengths Structural Panel Composite Price* $379 $373 $364
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 372-392 367-387 400-430
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 378-400 372-390 400-430
Western 1/2-inch 4-ply rated sheathing plywood 405 395 392
North Central 7/16-inch Oriented Strand Board 278 275 208
*Weighted average of 11 key items



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

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