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U.S. lumber and panel market reports

August 12, 2016

U.S.: Lumber and panel market report ---- Week 32  2016
Random Lengths Lumber Market Report
Framing lumber trading was uneventful, and most changes in reported prices were modest. Producers were content with current returns and held quotes at or near previous levels, hoping to bolster order files. Shipments were usually quoted in the last two weeks of the month; order files on the strongest items reached into September. Buyers in all levels of the market put up little resistance to current prices. However, the extended run-up in prices that can be traced back to last fall — with three pullbacks along the way — kept most buyers concerned about downside risk.  


  This Week
Aug 12
Last Week
Aug 5
Year Ago
Random Lengths Framing Lumber Composite Price* $369 $367 $329
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 330 329 278
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 431 431 375
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 350 353 337
Southern Pine (Westside) #2 2x4 R/L 426 419 333
KD Coast Hem-Fir #2&Btr 2x4 R/L 345 350 320
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 705 705 665
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel demand ebbed. The recent run that pushed OSB prices to three-year highs ran out of steam, and discounts emerged more broadly. The steepest counters were reported out of Western Canada. While most prices of Southern Pine rated sheathing items finished lower, sharp discounts that were available in early trading had mostly dried up by Friday. The trading pace slowed in western Fir plywood. One producer’s midweek announcement of two mills shutting down for maintenance in early September briefly helped the pace accelerate, but the overall impact was muted.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Aug 12
Last Week
Aug 5
Year Ago
Random Lengths Structural Panel Composite Price* $394 $395 $341
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 365-385 365-390 363-405
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 365-387 365-390 363-410
Western 1/2-inch 4-ply rated sheathing plywood 413 420 380
North Central 7/16-inch Oriented Strand Board 310 310 187
*Weighted average of 11 key items



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

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