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U.S. lumber and panel market reports

February 10, 2017

U.S.: Lumber and panel market report ---- Week 6 2017
Random Lengths Lumber Market Report
Producers kept hefty upward pressure on framing lumber prices, led by Canadian mills levering quotes higher on expectations of punishing duties that could be imposed by the U.S. in the spring. A scramble to cover needs tapered off in the latter half of the week, as buyers hit inventory targets or grew wary amid steep hikes in prices. Mills boasted order files of at least two weeks. The sharp double-digit gains for the week pushed the Random Lengths Framing Lumber Composite Price up $25, the sharpest weekly gain since a $26 hike in August 2003.


  This Week
Feb 10
Last Week
Feb 3
Year Ago
Random Lengths Framing Lumber Composite Price* $391 $366 $313
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 387 338 260
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 438 412 360
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 365 350 308
Southern Pine (Westside) #2 2x4 R/L 454 436 383
KD Coast Hem-Fir #2&Btr 2x4 R/L 390 367 298
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 580 585 665
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel trading surged, catching the wave evident in framing lumber markets. A strong upward push continued in OSB prices on active sales Wednesday and Thursday. Producers pushed order files into March, and either pulled off the market or priced defensively by Friday. Another week of strong demand pushed Southern Pine plywood prices higher and order files out. The trading pace in western Fir plywood was steady to active, although not to the extent seen last week. Sales quieted in late trading.


(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Feb 10
Last Week
Feb 3
Year Ago
Random Lengths Structural Panel Composite Price* $387 $371 $343
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 380-395 365-380 365-393
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 380-395 365-380 370-393
Western 1/2-inch 4-ply rated sheathing plywood 405 386 337
North Central 7/16-inch Oriented Strand Board 288 270 213
*Weighted average of 11 key items



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

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