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U.S. lumber and panel market reports

February 17, 2017

U.S.: Lumber and panel market report ---- Week 7 2017
Random Lengths Lumber Market Report
Sales of framing lumber slowed considerably from the previous week’s chaotic pace, as buyers stepped back to digest recent purchases and discern the market’s staying power. Many traders were wary that the most recent hikes in prices had too much air in them, and waited to see whether mills could sustain them. Prices carried higher early on from last week’s momentum, but upward pressure dissipated as the week progressed. Even so, the Random Lengths Framing Lumber Composite Price rose an additional $14.


  This Week
Feb 17
Last Week
Feb 10
Year Ago
Random Lengths Framing Lumber Composite Price* $405 $391 $314
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 389 387 267
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 447 438 360
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 370 365 312
Southern Pine (Westside) #2 2x4 R/L 476 454 379
KD Coast Hem-Fir #2&Btr 2x4 R/L 400 390 303
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 570 580 670
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel prices climbed amid a quieter trading pace. OSB sales slowed dramatically from the fervent pace of recent weeks. Buyers backed away after addressing immediate needs and building inventories with earlier purchases. Mills leaned on order files that reached mid-March. Southern Pine plywood mills raised quotes throughout the week as demand continued to outpace supply. Trading in western Fir plywood was steady and considered a good week, although not on par with the previous two.


(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Feb 17
Last Week
Feb 10
Year Ago
Random Lengths Structural Panel Composite Price* $401 $387 $346
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 395-410 380-395 365-393
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 395-410 380-395 370-393
Western 1/2-inch 4-ply rated sheathing plywood 409 405 330
North Central 7/16-inch Oriented Strand Board 302 288 223
*Weighted average of 11 key items



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

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