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U.S. lumber and panel market reports

24, 2018

U.S.: Lumber and panel market report ---- Week 34 2018
Random Lengths Lumber Market Report

Framing lumber trading opened the week with a head of steam following a strong round of purchasing the previous week. However, momentum faded as the week progressed, and prices of most dimension and stud items finished the week at or slightly above midweek levels. A downturn in futures Tuesday through Thursday turned buyers cautious. Warning signs in the U.S. housing market, including a soft new-home sales report for July, concerned traders. Early gains lifted some prices by double digits, and the Framing Lumber Composite Price posted a $10 gain.





  This Week
Aug 24
Last Week
Aug 17
Year Ago
Random Lengths Framing Lumber Composite Price* $451 $441 $405
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 480 462 385
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 580 573 482
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 447 440 460
Southern Pine (Westside) #2 2x4 R/L 440 427 363
KD Coast Hem-Fir #2&Btr 2x4 R/L 457 447 425
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 680
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel sales were measured, but prices posted modest gains nonetheless. Prices of OSB were firm to higher, although the pace of sales tapered as the week progressed. Small increases were posted at midweek in most producing regions, and prices flattened at those levels. Southern Pine plywood trading was up and down. Demand for rated sheathing sustained modest upward momentum. A quieter sales week in western Fir plywood still generated enough orders for most mills to sell close to the week’s production. 





(f.o.b. mill prices) This Week
Aug 24
Last Week
Aug 17
Year Ago
Random Lengths Structural Panel Composite Price* $470 $466 $450
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 435-475 425-465 370-390
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 440-480 430-470 375-395
Western 1/2-inch 4-ply rated sheathing plywood 495 490 468
North Central 7/16-inch Oriented Strand Board 345 345 414
*Weighted average of 11 key items



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


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