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U.S. lumber and panel market reports

April 28, 2017

U.S.: Lumber and panel market report ---- Week 17  2017
Random Lengths Lumber Market Report
Trading in framing lumber was nil, as buyers and sellers first awaited the preliminary determination in the countervailing duty case and then spent the rest of the week discerning its impact. Canadian producers and their customers were in a standoff. Trading at mills in the U.S. was slow, but generally more liquid. While Canadian mills’ first inclination to the CVD announcement was to raise prices, buyers took the opposite tack, noting that producers had sold little, if any, volume for May shipment.


  This Week
Apr 28
Last Week
Apr 21
Year Ago
Random Lengths Framing Lumber Composite Price* $435 $437 $350
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 404 410 298
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 490 489 385
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 395 395 327
Southern Pine (Westside) #2 2x4 R/L 495 502 427
KD Coast Hem-Fir #2&Btr 2x4 R/L 425 425 380
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 665 655 695
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel trading faded. OSB prices flattened at four-year highs across North America, and mill sales slowed to a crawl. With reported prices of 7/16-inch topping $300 in all producing regions, mills were content to hold to their quotes. The sales pace of recent weeks tapered off for many Southern Pine plywood mills amid buyer uncertainty about the market’s near-term direction. Western Fir plywood trading was steady, but slower than the previous week. Buyers stepped in only to cover basic necessities.


(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Apr 28
Last Week
Apr 21
Year Ago
Random Lengths Structural Panel Composite Price* $426 $426 $358
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 387-410 385-410 355-375
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 392-415 390-415 358-377
Western 1/2-inch 4-ply rated sheathing plywood 441 441 343
North Central 7/16-inch Oriented Strand Board 333 333 250
*Weighted average of 11 key items



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

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