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U.S. lumber and panel market reports

September 30, 2016

U.S.: Lumber and panel market report ---- Week 38  2016
Random Lengths Lumber Market Report
Trading in framing lumber was cautious overall, but producers sold enough or fell back on order files to keep prices at least close to previously established lists. The overriding issue holding back most traders was the October 12 expiration of the standstill, which has given Canadian producers a year of unfettered access to the U.S. market. Anticipation that the U.S. would file a countervailing duty/anti-dumping case against Canadian imports shortly after that expiration generated concern about how the market would react going forward.


  This Week
Sep 30
Last Week
Sep 23
Year Ago
Random Lengths Framing Lumber Composite Price* $356 $352 $297
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 321 312 242
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 411 410 343
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 332 332 300
Southern Pine (Westside) #2 2x4 R/L 424 415 313
KD Coast Hem-Fir #2&Btr 2x4 R/L 327 327 303
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 675 680 665
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel prices lost ground amid lackluster sales and weak demand. Price softness remained intact in northern OSB markets, while a flat trend was unabated in the South. Order file length, or lack thereof, often determined whether producers held firm to quotes. Southern Pine plywood mills chased orders to keep buildups from developing, pushing prices lower in the process. Western Fir plywood trading slowed, as buyers held back amid softening prices. Discounts, deeper than the previous week, were needed to move output.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Sep 30
Last Week
Sep 23
Year Ago
Random Lengths Structural Panel Composite Price* $373 $383 $352
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 340-370 355-375 375-402
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 340-370 355-380 370-402
Western 1/2-inch 4-ply rated sheathing plywood 395 407 374
North Central 7/16-inch Oriented Strand Board 292 300 222
*Weighted average of 11 key items



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

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