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U.S. lumber and panel market reports

 February 09, 2018

U.S.: Lumber and panel market report ---- Week 6  2018
Random Lengths Lumber Market Report

Trading in framing lumber calmed down from its frenetic January pace. However, prices continued to advance in all species. Wintry weather in northern markets and rain in the South cooled consumption. Buyers widely expressed wariness about record prices and extended mill order files. Some traders also said the pullback in the stock market gave them pause. Even so, mills levered prices higher, and the Random Lengths Framing Lumber Composite Price rose $11, to $492. 






  This Week
Feb 9
Last Week
Feb 2
Year Ago
Random Lengths Framing Lumber Composite Price* $492 $481 $391
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 516 510 387
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 601 594 438
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 580 560 365
Southern Pine (Westside) #2 2x4 R/L 541 524 454
KD Coast Hem-Fir #2&Btr 2x4 R/L 545 535 390
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 735 735 580
* Weighted average of 15 key items



Random Lengths Panel Market Report

Demand for structural panels outpaced supply, and prices climbed. OSB buyers scrambled for coverage amid unrelenting supply shortages. Mill offerings were limited, most notably in the Southwest and Western Canada, where most producers were off the market. In Southern Pine plywood markets, sparse offerings and extended order files supported another week of price increases amid steady demand. Western Fir plywood trading was steady, but not at the pace seen in recent weeks.




(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Feb 9
Last Week
Feb 2
Year Ago
Random Lengths Structural Panel Composite Price* $512 $493 $387
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 510-555 500-540 380-395
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 515-560 505-545 380-395
Western 1/2-inch 4-ply rated sheathing plywood 540 531 405
North Central 7/16-inch Oriented Strand Board 375 355 288
*Weighted average of 11 key items

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

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