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U.S. lumber and panel market reports

February 03, 2017

U.S.: Lumber and panel market report ---- Week 5 2017
Random Lengths Lumber Market Report
With trading off to a steady start through midweek, sales of framing lumber hit a higher gear on Thursday and pushed prices sharply higher. Gains well into double digits were common, and mills tested additional increases through Thursday. Canadian S-P-F mills were a catalyst, as they pulled off the market or hiked quotes on concern that any February stateside shipments could be subject to duties retroactively under the current trade investigation (see Through a Knothole).


  This Week
Feb 3
Last Week
Jan 27
Year Ago
Random Lengths Framing Lumber Composite Price* $366 $355 $309
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 338 311 255
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 412 400 359
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 350 345 300
Southern Pine (Westside) #2 2x4 R/L 436 426 385
KD Coast Hem-Fir #2&Btr 2x4 R/L 367 355 298
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 585 590 660
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel trading gained steam after a slow start. Sales of OSB accelerated sharply on Wednesday, and many producers reported their strongest week of volume in months. By Friday, mill order files were mostly into late February. Southern Pine plywood trading gained momentum Wednesday as supplies of rated sheathing tightened. Some producers pulled off the market and others increased quotes sharply. The trading pace in western Fir plywood was steady to active to start the week, and picked up on Wednesday.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Feb 3
Last Week
Jan 27
Year Ago
Random Lengths Structural Panel Composite Price* $371 $363 $343
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 365-380 350-375 363-393
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 365-380 350-375 370-393
Western 1/2-inch 4-ply rated sheathing plywood 386 357 334
North Central 7/16-inch Oriented Strand Board 270 270 213
*Weighted average of 11 key items



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

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