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U.S. lumber and panel market reports

 February 23, 2018

U.S.: Lumber and panel market report ---- Week 8  2018
Random Lengths Lumber Market Report

Traders discerned a modest pullback in framing lumber purchases, as more customers pushed back against placing new orders at record prices that often came with warnings of late shipments. Nonetheless, producers pushed quotes upward, as they sold enough volume to send order files well into or even through March. Gains in prices moderated in most species. But the Random Lengths Framing Lumber Composite Price jumped to $509, just $1 short of the all-time high set on December 30, 1993. 







  This Week
Feb 23
Last Week
Feb 16
Year Ago
Random Lengths Framing Lumber Composite Price* $509 $500 $410
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 540 527 385
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 619 609 449
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 600 595 370
Southern Pine (Westside) #2 2x4 R/L 567 553 488
KD Coast Hem-Fir #2&Btr 2x4 R/L 560 550 400
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 740 740 580
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel prices forged additional gains despite a slower sales pace. For the 10th consecutive week, prices of OSB marched higher, and double-digit increases have been posted five weeks in a row. Demand continued to outstrip supplies. Heavy rainfall and resistance to price levels led to a quieter week of sales in Southern Pine plywood markets. But mills managed to bump quotes higher and extend order files. Recent trends continued in western Fir plywood, with a slow trading pace at the start of the week turning steady by midweek.




(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Feb 23
Last Week
Feb 16
Year Ago
Random Lengths Structural Panel Composite Price* $534 $523 $406
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 530-575 520-565 400-415
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 535-580 525-570 400-415
Western 1/2-inch 4-ply rated sheathing plywood 549 544 412
North Central 7/16-inch Oriented Strand Board 395 385 305
*Weighted average of 11 key items

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

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