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U.S. lumber and panel market reports

 October 05, 2018

U.S.: Lumber and panel market report ---- Week 40 2018
Random Lengths Lumber Market Report

Downward momentum eased in some framing lumber species. But even with quarter-end pressure to sell behind them, producers in the West continued to open to steep counters to draw in orders. Deep cuts were more spotty, but a few remained in the $30-50 range. The Random Lengths Framing Lumber Composite Price fell an additional $16 for the week. Traders noted that the downturn was the most severe they have seen in their careers, and an analysis of the plummet backed that up (see Through a Knothole). 




  This Week
Oct 5
Last Week
Sep 28
Year Ago
Random Lengths Framing Lumber Composite Price* $389 $405 $440
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 342 350 436
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 445 470 546
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 310 340 472
Southern Pine (Westside) #2 2x4 R/L 487 492 427
KD Coast Hem-Fir #2&Btr 2x4 R/L 355 375 465
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 690
* Weighted average of 15 key items




Random Lengths Panel Market Report

Structural panel prices plunged amid weak demand and abundant supplies. Downward price pressure accelerated in OSB, and thin order files prompted producers to lower quotes sharply or open to steep counters. Another week of slow sales intensified downward price pressure in Southern Pine plywood. Mills struggled to compete for the few orders that circulated. Western Fir plywood producers and secondaries struggled to find trading levels, and reported one of the lightest weeks of sales in memory.



(f.o.b. mill prices) This Week
Oct 5
Last Week
Sep 28
Year Ago
Random Lengths Structural Panel Composite Price* $448 $467 $536
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 445-490 465-510 507-528
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 450-495 470-515 512-530
Western 1/2-inch 4-ply rated sheathing plywood 447 461 525
North Central 7/16-inch Oriented Strand Board 310 335 452
*Weighted average of 11 key items



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


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