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U.S. lumber and panel market reports

September 21, 2018

U.S.: Lumber and panel market report ---- Week 38 2018
Random Lengths Lumber Market Report

Deep cuts in prices of framing lumber persisted through a second straight week, leaving traders stunned at the volatility of the market in 2018. Traders took note of some of the deepest weekly cuts in memory, as producers probed for trading levels amid an intensely competitive bid for offers among the various producing regions and species. The Random Lengths Framing Lumber Composite Price fell $18 for the week to $423. The index has fallen $159 from its record peak of $582 set in early June. 



  This Week
Sep 21
Last Week
Sep 14
Year Ago
Random Lengths Framing Lumber Composite Price* $423 $441 $429
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 385 442 423
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 508 547 524
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 370 405 472
Southern Pine (Westside) #2 2x4 R/L 487 476 403
KD Coast Hem-Fir #2&Btr 2x4 R/L 410 445 450
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 675
* Weighted average of 15 key items




Random Lengths Panel Market Report

Structural panel sales slowed abruptly, as last week’s storm-related fervor faded. Trading fell silent across North America, and the dearth of activity left most prices flat. Buyers throughout the distribution system lacked urgency. Sales of Southern Pine plywood dissipated, but prices held or edged up. Buyers digested loads acquired during the run up to Hurricane Florence and were reluctant to purchase additional volumes. Trading in western Fir plywood quieted from the previous week’s pickup.




(f.o.b. mill prices) This Week
Sep 21
Last Week
Sep 14
Year Ago
Random Lengths Structural Panel Composite Price* $475 $477 $521
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 465-510 465-505 500-520
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 470-515 470-510 505-520
Western 1/2-inch 4-ply rated sheathing plywood 473 487 521
North Central 7/16-inch Oriented Strand Board 345 345 445
*Weighted average of 11 key items



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


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