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U.S. lumber and panel market reports

September 14, 2018

U.S.: Lumber and panel market report ---- Week 37 2018
Random Lengths Lumber Market Report

Deep discounting re-emerged in framing lumber, as another week of post-holiday trading failed to meet expectations. Traders noted the market looked similar to the weeks that followed the Fourth of July, as buyers sat on their hands sensing downside risk. Buyers noted ample offerings throughout the distribution system and were content to replenish on a one-for-one basis. Double-digit cuts at the mill level were the rule, and the Random Lengths Framing Lumber Composite Price dropped $12 for the week to $441.




  This Week
Sep 14
Last Week
Sep 7
Year Ago
Random Lengths Framing Lumber Composite Price* $441 $453 $421
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 442 478 416
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 547 565 512
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 405 440 467
Southern Pine (Westside) #2 2x4 R/L 476 465 386
KD Coast Hem-Fir #2&Btr 2x4 R/L 445 460 440
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 675
* Weighted average of 15 key items




Random Lengths Panel Market Report

Hurricane Florence was a major factor in structural panel trading. Sales of OSB faded sharply in the South late in the week. The market lacked follow-through after the storm’s approach jolted sales Monday and Tuesday. Anticipation of the storm drove Southern Pine plywood sales on the eastside in early trading and demand quickly spread to other zones, as buyers sensed tightening supplies. Activity picked up in western Fir plywood, with many traders reporting their best week in about a month. 




(f.o.b. mill prices) This Week
Sep 14
Last Week
Sep 7
Year Ago
Random Lengths Structural Panel Composite Price* $477 $471 $504
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 465-505 443-475 480-495
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 470-510 448-480 485-500
Western 1/2-inch 4-ply rated sheathing plywood 487 487 515
North Central 7/16-inch Oriented Strand Board 345 345 435
*Weighted average of 11 key items



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


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