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U.S. lumber and panel market reports

April 07, 2017

U.S.: Lumber and panel market report ---- Week 14  2017
Random Lengths Lumber Market Report
An active framing lumber market early in the week turned frenetic Thursday as angst over anticipated duties on Canadian exports to the U.S. set off the futures market and sent cash buyers scrambling to cover their needs with mill offerings for April shipments. One Canadian producer’s announcement that it was hiking quotes for May shipment by about 30% to recoup expected losses stemming from duties was the catalyst. Upward surges in prices of various species pushed the Random Lengths Framing Lumber Composite Price up $12 for the week, to $414.


  This Week
Apr 7
Last Week
Mar 31
Year Ago
Random Lengths Framing Lumber Composite Price* $414 $402 $347
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 392 361 308
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 458 445 389
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 377 372 335
Southern Pine (Westside) #2 2x4 R/L 478 470 400
KD Coast Hem-Fir #2&Btr 2x4 R/L 410 400 378
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 635 625 685
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel markets were active, and most prices posted gains. Activity in OSB wasn’t as frenetic as many framing lumber markets, but another strong week of sales kept producers in the driver’s seat. Sales were once again strongest in the West. Demand for Southern Pine plywood was steady for most of the week, but an overall moderate sales pace limited upward price pressure. Rated sheathing was mostly flat. Western Fir plywood trading picked up noticeably on Thursday after a steady start to the week.


(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Apr 7
Last Week
Mar 31
Year Ago
Random Lengths Structural Panel Composite Price* $410 $403 $360
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 365-395 365-395 370-393
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 370-400 365-400 373-397
Western 1/2-inch 4-ply rated sheathing plywood 415 408 369
North Central 7/16-inch Oriented Strand Board 320 312 242
*Weighted average of 11 key items



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

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