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U.S. lumber and panel market reports

August 19, 2016

U.S.: Lumber and panel market report ---- Week 33  2016
Random Lengths Lumber Market Report
Sales of framing lumber were light in mid-August, and prices slipped in several species. Weather, vacations, and fear of downside risk were most often cited as reasons for the market’s quieter tone. Producers rode order files where they could, but thinning files on various items resulted in an increasing number of price cracks. While the cuts were generally modest, some double-digit declines were posted in Southern Pine. The Random Lengths Framing Lumber Composite Price slipped $1, its first drop since July 1. 


  This Week
Aug 19
Last Week
Aug 12
Year Ago
Random Lengths Framing Lumber Composite Price* $368 $369 $326
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 329 330 276
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 431 431 377
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 345 350 330
Southern Pine (Westside) #2 2x4 R/L 426 426 333
KD Coast Hem-Fir #2&Btr 2x4 R/L 335 345 317
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 700 705 665
* Weighted average of 15 key items




Random Lengths Panel Market Report
Price declines outpaced gains in structural panel markets. OSB prices were soft across all producing regions, but they peeled back in widely varying degrees. Double-digit cuts were most prominent in Western Canada and parts of the South. Prices of Southern Pine rated sheathing were widely perceived to have touched a bottom. Most mill order files reached the week of August 29. The pace was measured in western Fir plywood, and producers often found it necessary to open to counters to move sheathing.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Aug 19
Last Week
Aug 12
Year Ago
Random Lengths Structural Panel Composite Price* $392 $394 $346
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 367-387 365-385 363-405
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 367-387 365-387 368-410
Western 1/2-inch 4-ply rated sheathing plywood 405 413 389
North Central 7/16-inch Oriented Strand Board 305 310 200
*Weighted average of 11 key items



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

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