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U.S. lumber and panel market reports

 March 16, 2018

U.S.: Lumber and panel market report ---- Week 11  2018
Random Lengths Lumber Market Report

Trading in framing lumber remained muted, and cuts in prices widened. Buyers held back amid expectations of a significant downside correction. However, producers’ approaches varied, generating some differences in how traders saw the market unfolding heading into spring. Mills in the West were particularly aggressive in seeking out trading levels. Producers in Western Canada were most prone to hold their quotes, citing an acute backlog of late shipments and little improvement in rail service. 






  This Week
Mar 16
Last Week
Mar 9
Year Ago
Random Lengths Framing Lumber Composite Price* $506 $511 $396
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 522 539 352
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 612 625 434
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 560 580 367
Southern Pine (Westside) #2 2x4 R/L 595 587 475
KD Coast Hem-Fir #2&Btr 2x4 R/L 550 555 387
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 740 740 605
* Weighted average of 15 key items



Random Lengths Panel Market Report

Sales of structural panels slowed, with two-tiered pricing evident in OSB and plywood markets. In OSB, the disparity between trading levels in the secondary market remained a point of discussion. Those in the West still sold at premiums to mill quotes, while discounts were available in the East and South. Southern Pine plywood sales tapered, and buyers spent more time monitoring prices than placing orders. Trading also was quiet in western Fir plywood, as buyers anticipated lower prices and were wary of downside risk. 






(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Mar 16
Last Week
Mar 9
Year Ago
Random Lengths Structural Panel Composite Price* $541 $541 $402
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 530-575 530-575 380-405
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 535-580 535-580 380-410
Western 1/2-inch 4-ply rated sheathing plywood 540 550 398
North Central 7/16-inch Oriented Strand Board 405 405 305
*Weighted average of 11 key items




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

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