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U.S. lumber and panel market reports

March 03, 2017

U.S.: Lumber and panel market report ---- Week 9  2017
Random Lengths Lumber Market Report
Another week of sluggish sales at the mills resulted in cracks showing up in prices of framing lumber. Western S-P-F led the way down, as mills needing loadings to extend order files and compete with their Eastern S-P-F counterparts were particularly aggressive. In other species, producers either fell back on order files and held quotes or selectively trimmed prices and opened to small counters. All told, a $3 drop in the Random Lengths Framing Lumber Composite Price broke a four-week winning streak.


  This Week
Mar 3
Last Week
Feb 24
Year Ago
Random Lengths Framing Lumber Composite Price* $407 $410 $316
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 369 385 276
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 444 449 364
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 370 370 322
Southern Pine (Westside) #2 2x4 R/L 490 488 367
KD Coast Hem-Fir #2&Btr 2x4 R/L 400 400 315
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 590 580 675
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel trading lacked energy. OSB mill sales tapered from the frenzied pace in February, but prices were firm to slightly higher across the continent. Lengthy mill order files kept the market on a firm footing. The sense of urgency among Southern Pine plywood buyers last month dissipated. Most waited on the sidelines digesting inventories with plans to re-evaluate their needs next week. Trading in western Fir plywood was measured. Buyers in need of coverage anticipated lower prices, but mills held to quotes.


(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Mar 3
Last Week
Feb 24
Year Ago
Random Lengths Structural Panel Composite Price* $407 $406 $348
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 400-415 400-415 368-395
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 400-417 400-415 370-398
Western 1/2-inch 4-ply rated sheathing plywood 413 412 325
North Central 7/16-inch Oriented Strand Board 305 305 227
*Weighted average of 11 key items



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

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