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U.S. lumber and panel market reports

03, 2018

U.S.: Lumber and panel market report ---- Week 31 2018
Random Lengths Lumber Market Report

Framing lumber prices spiraled downward, as mills searched for trading levels to little avail. Deep double-digit cuts left traders all the more uncertain about where a bottom might be found. Futures helped set the tone for the rout, as two down-limit days threw cold water on a modest rally on the board Tuesday. The Random Lengths Framing Lumber Composite Price fell for an eighth straight week. The $28 drop for the week pushed the index to its lowest level since January, and $120 off its record high set in June.





  This Week
Aug 3
Last Week
Jul 27
Year Ago
Random Lengths Framing Lumber Composite Price* $463 $491 $427
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 477 525 409
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 588 616 500
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 450 495 485
Southern Pine (Westside) #2 2x4 R/L 433 458 385
KD Coast Hem-Fir #2&Btr 2x4 R/L 485 530 440
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 685
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel prices found some traction in late trading. The two-month price slide in OSB remained intact, although activity picked up as buyers saw target levels come into view. Since peaking in early June, prices of 7/16-inch have tumbled as much as $200 in some regions. A more optimistic tone emerged in late trading of Southern Pine plywood, but prices eroded amid steady downward pressure. Western Fir plywood trading picked up, but lacked vigor. Some mills drew a line in the sand on further price cuts.




(f.o.b. mill prices) This Week
Aug 3
Last Week
Jul 27
Year Ago
Random Lengths Structural Panel Composite Price* $462 $479 $456
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 415-455 435-475 382-405
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 420-460 440-480 387-410
Western 1/2-inch 4-ply rated sheathing plywood 480 505 500
North Central 7/16-inch Oriented Strand Board 355 370 410
*Weighted average of 11 key items


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


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