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U.S. lumber and panel market reports

 June 29, 2018

U.S.: Lumber and panel market report ---- Week 26  2018
Random Lengths Lumber Market Report

Many framing lumber prices showed more stability after steep double-digit losses the previous two weeks. However, while some prices firmed, and even bounced off a bottom, a number of trends continued to point downward. Weakness was unabated in Southern Pine in particular, as buyers failed to absorb ample mill offerings. Losses in key commodities overall well outnumbered any gains, and the Random Lengths Framing Lumber Composite Price shed $7, a third straight weekly decline. 




  This Week
Jun 29
Last Week
Jun 22
Year Ago
Random Lengths Framing Lumber Composite Price* $547 $554 $397
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 590 582 374
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 680 686 470
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 565 560 425
Southern Pine (Westside) #2 2x4 R/L 544 568 388
KD Coast Hem-Fir #2&Btr 2x4 R/L 600 615 400
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 770 700
* Weighted average of 15 key items


Random Lengths Panel Market Report

Prices of structural panels softened, led by steep declines in OSB. Mills took a more aggressive approach to OSB sales at quarter-end, and prices of sheathing tumbled $20-40 in most regions. Weakness in the West bled into the South, where producers opened to deeper counters. Another week of subdued trading in Southern Pine plywood led some producers to negotiate steeper cuts, and rated sheathing prices dropped as much as $20. One western Fir producer took steeper discounts to sell volume east.



(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Jun 29
Last Week
Jun 22
Year Ago
Random Lengths Structural Panel Composite Price* $553 $565 $420
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 510-545 530-565 355-380
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 515-550 535-570 360-385
Western 1/2-inch 4-ply rated sheathing plywood 547 567 460
North Central 7/16-inch Oriented Strand Board 445 445 345
*Weighted average of 11 key items



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


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