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U.S. lumber and panel market reports

September 09, 2016

U.S.: Lumber and panel market report ---- Week 36  2016
Random Lengths Lumber Market Report
The holiday-shortened week got off to a fast start on Tuesday, driven in large part by the day’s jump in futures. Follow-through the rest of the week was hit and miss, with futures tailing off both Wednesday and Thursday. The big move on the board followed a surge of orders in the cash market at Western S-P-F mills the previous Friday, with many buyers already having left for the long holiday weekend. Blocks sold late in the period extended order files at some mills, reportedly to late September and early October. 


  This Week
Sep 9
Last Week
Sep 2
Year Ago
Random Lengths Framing Lumber Composite Price* $351 $354 $298
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 314 311 240
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 420 421 352
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 332 332 297
Southern Pine (Westside) #2 2x4 R/L 402 409 297
KD Coast Hem-Fir #2&Btr 2x4 R/L 330 330 306
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 690 695 665
* Weighted average of 15 key items




Random Lengths Panel Market Report
Structural panel markets lacked energy. OSB sales fell short of the brisk pace many traders had anticipated, especially following last week’s surge. Nonetheless, most sheathing prices moved higher on momentum from last week. Slack demand for Southern Pine rated sheathing left mills willing to negotiate, particularly on railcars. However, buyers were most interested in mixed truckloads. The pace was slower in western Fir plywood markets, but business was still steady after the Monday holiday.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Sep 9
Last Week
Sep 2
Year Ago
Random Lengths Structural Panel Composite Price* $392 $391 $361
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 370-389 370-389 390-415
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 372-390 372-390 395-420
Western 1/2-inch 4-ply rated sheathing plywood 422 420 415
North Central 7/16-inch Oriented Strand Board 304 300 214
*Weighted average of 11 key items



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

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