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U.S. lumber and panel market reports

July 29, 2016

U.S.: Lumber and panel market report ---- Week 30  2016
Random Lengths Lumber Market Report
Trading in framing lumber was active, defying many traders’ expectations for late July’s typical “summer lull.” Steady-to-strong consumption was cited as the primary driver, despite intense heat and humidity in the Southeast and portions of the Atlantic Seaboard. Meanwhile, summer mill shutdowns in Eastern Canada had an effect on the supply side. Producers’ tack toward raising prices was mixed. But, the Random Lengths Framing Lumber Composite Price rose $6, capping four weeks of gains through July. 


  This Week
Jul 29
Last Week
Jul 22
Year Ago
Random Lengths Framing Lumber Composite Price* $363 $357 $340
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 329 329 295
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 431 427 380
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 353 353 351
Southern Pine (Westside) #2 2x4 R/L 410 399 325
KD Coast Hem-Fir #2&Btr 2x4 R/L 350 352 335
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 705 705 665
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel trading and price trends were mixed. Mill sales of OSB tapered from the pace of recent weeks, but prices edged higher. Solid order files allowed northern producers to hold firm to quotes or push them slightly higher. Faced with prompt loads to sell and lethargic demand early in the week, Southern Pine plywood producers sought trading levels more aggressively Wednesday and Thursday. In western Fir plywood, discounts on thicker sheathing panels gave the market pause early in the week, but the discounts were gone by Friday. 

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Jul 29
Last Week
Jul 22
Year Ago
Random Lengths Structural Panel Composite Price* $397 $396 $347
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 372-400 378-407 375-415
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 370-405 378-415 375-415
Western 1/2-inch 4-ply rated sheathing plywood 421 421 389
North Central 7/16-inch Oriented Strand Board 310 306 192
*Weighted average of 11 key items



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

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