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U.S. lumber and panel market reports

 May 04, 2018

U.S.: Lumber and panel market report ---- Week 18  2018
Random Lengths Lumber Market Report

A supply-driven framing lumber market accelerated amid a decided increase in seasonal demand. This sent prices soaring in all species, with many setting all-time highs. The Random Lengths Framing Lumber Composite Price hit a new high of $525, rushing past its previous record of $513 set in early March. Buyers urgently sought coverage, but were frustrated by long mill order files and transportation problems. Railcar shortages remained particularly acute in Western Canada, followed by Eastern Canada.



  This Week
May 4
Last Week
Apr 27
Year Ago
Random Lengths Framing Lumber Composite Price* $525 $506 $429
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 598 565 403
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 654 640 485
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 543 530 395
Southern Pine (Westside) #2 2x4 R/L 570 560 480
KD Coast Hem-Fir #2&Btr 2x4 R/L 590 570 425
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 755 755 675
* Weighted average of 15 key items




Random Lengths Panel Market Report

Structural panel trading was more active, and prices posted modest gains. Sales of OSB picked up late in the week, although not all regions participated. In the South, activity gained momentum as the week progressed. In Southern Pine plywood, warmer weather and an overall positive tone in commodity markets spurred another round of steady trading. Mills extended order files into late May. Western Fir plywood trading was steady and a notch above the previous week's activity, as sales picked up Wednesday.





(f.o.b. mill prices)

(f.o.b. mill prices) This Week
May 4
Last Week
Apr 27
Year Ago
Random Lengths Structural Panel Composite Price* $536 $532 $424
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 520-560 510-550 385-410
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 525-565 515-555 390-415
Western 1/2-inch 4-ply rated sheathing plywood 527 520 429
North Central 7/16-inch Oriented Strand Board 410 405 333
*Weighted average of 11 key items



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


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