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U.S. lumber and panel market reports

July 22, 2016

U.S.: Lumber and panel market report ---- Week 29  2016
Random Lengths Lumber Market Report
Prices of framing lumber continued to strengthen amid steady consumption across the continent. A third consecutive week of price appreciation surprised some traders who had anticipated a mid-summer lull. But despite summer heat that beat down activity in the Midwest and Southeast, supplies overall flowed smoothly through the pipeline. Seasonal mill shutdowns in Eastern Canada limited supplies. The Random Lengths Framing Lumber Composite Price rose $5, to $357.


  This Week
Jul 22
Last Week
Jul 15
Year Ago
Random Lengths Framing Lumber Composite Price* $357 $352 $344
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 329 324 302
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 427 423 386
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 353 353 352
Southern Pine (Westside) #2 2x4 R/L 399 389 332
KD Coast Hem-Fir #2&Btr 2x4 R/L 352 357 338
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 705 705 670
* Weighted average of 15 key items



Random Lengths Panel Market Report
Prices of structural panels were mixed, with OSB and western Fir plywood posting increases. Partly due to offshore imports, prices of Southern Pine plywood softened. The strongest increases were posted in OSB. Double-digit gains were registered despite sweltering temperatures. Mill order files pushed mostly into mid-August. Activity in western plywood slowed compared to previous weeks, but prices continued to rise, albeit at a more measured pace. Some southern mills discounted their offerings to sell next week’s shipping schedule. 


(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Jul 22
Last Week
Jul 15
Year Ago
Random Lengths Structural Panel Composite Price* $396 $391 $352
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 378-407 378-407 380-420
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 378-415 382-417 382-420
Western 1/2-inch 4-ply rated sheathing plywood 421 417 393
North Central 7/16-inch Oriented Strand Board 306 298 197
*Weighted average of 11 key items



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

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