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U.S. lumber and panel market reports

June 02, 2017

U.S.: Lumber and panel market report ---- Week 22  2017
Random Lengths Lumber Market Report
The U.S. holiday was widely cited as a factor for a slow start to sales of framing lumber, but many traders noted a pickup later in the week. Amid strength in the futures market Thursday, wholesalers covered shorts and distributors covered near-term needs. Even so, many traders remained wary, unconvinced that recent weakness had been fully wrung out of prices. A firmer tone developed late, but with many prices failing to rebound from early weakness, the Random Lengths Framing Lumber Composite Price fell $4.


  This Week
Jun 2
Last Week
May 26
Year Ago
Random Lengths Framing Lumber Composite Price* $402 $406 $355
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 366 376 322
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 460 466 420
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 390 390 355
Southern Pine (Westside) #2 2x4 R/L 442 442 395
KD Coast Hem-Fir #2&Btr 2x4 R/L 395 400 375
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 695 695 705
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel markets drew mixed reviews. OSB traders widely debated price trends. Downward pressure was unabated in the South. Price cuts were sharpest in the Southwest, where mills offered double-digit discounts to clear accumulations. Southern Pine plywood traders sensed easing downward price pressure amid an improving sales pace as the week progressed. The trading pace in western Fir plywood was comparable with the previous week; traders noted that Fir was quieter than other panels.


(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Jun 2
Last Week
May 26
Year Ago
Random Lengths Structural Panel Composite Price* $400 $404 $376
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 345-375 345-375 360-378
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 350-380 350-380 360-380
Western 1/2-inch 4-ply rated sheathing plywood 403 406 370
North Central 7/16-inch Oriented Strand Board 320 323 280
*Weighted average of 11 key items



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

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