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U.S. lumber and panel market reports

 June 22, 2018

U.S.: Lumber and panel market report ---- Week 25  2018
Random Lengths Lumber Market Report

Prices of framing lumber continued to plummet, but in some cases the drops drew in buyers. The stronger level of activity was most noticeable in Western S-P-F and Coast species, and left traders wondering whether buyers responded to prices hitting value targets or they simply needed to step in and replenish inventories. In any case, the price trend pointed sharply downward, and the Random Lengths Framing Lumber Composite Price shed $17 for the week, a second-consecutive double-digit drop.



  This Week
Jun 22
Last Week
Jun 15
Year Ago
Random Lengths Framing Lumber Composite Price* $554 $571 $397
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 582 615 372
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 686 712 464
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 560 575 415
Southern Pine (Westside) #2 2x4 R/L 568 588 403
KD Coast Hem-Fir #2&Btr 2x4 R/L 615 640 395
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 770 770 700
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel prices lost ground amid another week of lackluster sales. A desire to sell quick-shipping loads ahead of quarter-end led to deep discounts in some OSB producing regions. Most of the market’s focus was on Western Canada and delivered markets in the West. Southern Pine plywood sales were elusive and confined to limited volumes to supplement lean inventories. Prices of rated sheathing spanned wide ranges. Western Fir plywood trading was subdued for a third consecutive week.



(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Jun 22
Last Week
Jun 15
Year Ago
Random Lengths Structural Panel Composite Price* $565 $573 $410
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 530-565 550-582 345-370
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 535-570 555-593 350-375
Western 1/2-inch 4-ply rated sheathing plywood 567 571 427
North Central 7/16-inch Oriented Strand Board 445 445 337
*Weighted average of 11 key items



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


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