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U.S. lumber and panel market reports

 January 26, 2018

U.S.: Lumber and panel market report ---- Week 4  2018
Random Lengths Lumber Market Report

An unprecedented January price run in framing lumber continued with little sign of running out of gas. A slower pace was reported at Canadian S-P-F mills, but long mill order files and transportation delays factored into a transition toward buying focused on the secondary market. Prices posted uneven gains. Meanwhile, gains in the West were sharp and unrelenting, with some in the $40s and even $50s for the week. Warmer weather heated up Southern Pine sales, especially in Texas, and prices posted strong gains.




  This Week
Jan 26
Last Week
Jan 19
Year Ago
Random Lengths Framing Lumber Composite Price* $471 $458 $355
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 510 502 311
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 589 582 400
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 545 520 345
Southern Pine (Westside) #2 2x4 R/L 508 495 426
KD Coast Hem-Fir #2&Btr 2x4 R/L 525 515 355
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 735 735 590
* Weighted average of 15 key items



Random Lengths Panel Market Report

Robust sales fueled sharp price hikes in structural panels. OSB buyers showed an increased sense of urgency as order files extended, and prices in all producing regions posted double-digit increases. A scramble for coverage ensued in Southern Pine plywood amid depleted inventories and dwindling supplies of quicker shipments. Trading in western Fir plywood was steady from Tuesday on. The ongoing strength surprised traders, who struggled to recall a January like this one.




(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Jan 26
Last Week
Jan 19
Year Ago
Random Lengths Structural Panel Composite Price* $474 $454 $363
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 485-525 470-510 350-375
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 490-530 475-515 350-375
Western 1/2-inch 4-ply rated sheathing plywood 518 498 357
North Central 7/16-inch Oriented Strand Board 340 320 270
*Weighted average of 11 key items

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

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