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U.S. lumber and panel market reports

September 23, 2016

U.S.: Lumber and panel market report ---- Week 37  2016
Random Lengths Lumber Market Report
A more bullish tone to the framing lumber market was apparent in some species, but less so in others. Trading was most active in Southern Pine and Canadian S-P-F, especially Wednesday and Thursday as the futures board rallied to a premium to cash. In all markets, traders weighed myriad factors that could tip the balance one way or another. Uncertainty surrounded the U.S.-Canada lumber trade issue, but traders sensed that futures was pricing in potential litigation and duties on Canadian shipments to the U.S.


  This Week
Sep 23
Last Week
Sep 16
Year Ago
Random Lengths Framing Lumber Composite Price* $352 $350 $297
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 312 310 251
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 410 415 343
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 332 332 300
Southern Pine (Westside) #2 2x4 R/L 415 403 300
KD Coast Hem-Fir #2&Btr 2x4 R/L 327 330 305
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 680 685 665
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel trading was lackluster, and prices declined. With month- and quarter-end approaching, some OSB producers opened to counters to sell loads. Traders in most markets said activity in September had failed to meet their lofty expectations so far. Traders in the Southern Pine plywood market struggled through a week of sluggish sales, and sloppy prices. Producers lowered quotes and opened to counters on most items. The pace was busier in western Fir plywood, but cracks in prices emerged.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Sep 23
Last Week
Sep 16
Year Ago
Random Lengths Structural Panel Composite Price* $383 $390 $357
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 355-375 365-382 385-410
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 355-380 365-382 385-410
Western 1/2-inch 4-ply rated sheathing plywood 407 420 393
North Central 7/16-inch Oriented Strand Board 300 304 217
*Weighted average of 11 key items



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

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