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U.S. lumber and panel market reports

 March 02, 2018

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

Trading in framing lumber markets slowed, as did upward momentum in prices. Even so, prices in most species gained modestly and the Random Lengths Framing Lumber Composite Price finished at $512, a new record. Gains came early in the week, with the composite holding at its midweek level and sales finishing with a quiet tone. Buyers held back, unwilling to pay record prices when shipments were several weeks out and mills were indicating shipments might be later still due to traffic issues.




  This Week
Mar 2
Last Week
Feb 23
Year Ago
Random Lengths Framing Lumber Composite Price* $512 $509 $407
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 542 540 369
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 625 619 444
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 595 600 370
Southern Pine (Westside) #2 2x4 R/L 578 567 490
KD Coast Hem-Fir #2&Btr 2x4 R/L 560 560 400
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 740 740 590
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel prices continued to gain ground despite a slower trading pace. Supply shortages of OSB lingered, as mill offerings for shipment in March were a rarity. A number of mills remained off the market throughout the week. In Southern Pine plywood markets, substantial rainfall early in the week slowed rated sheathing sales, but prices remained firm to slightly higher. Western Fir plywood trading quieted as buyers pulled back to digest recent purchases and await deliveries of previous orders.




(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Mar 2
Last Week
Feb 23
Year Ago
Random Lengths Structural Panel Composite Price* $540 $534 $407
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 530-575 530-575 400-415
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 535-580 535-580 400-417
Western 1/2-inch 4-ply rated sheathing plywood 550 549 413
North Central 7/16-inch Oriented Strand Board 405 395 305
*Weighted average of 11 key items

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

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