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U.S. lumber and panel market reports

 October 19, 2018

U.S.: Lumber and panel market report ---- Week 42 2018
Random Lengths Lumber Market Report

Traders noted a change in the tone of the framing lumber market, and even a sense that prices had found or were nearing a bottom. However, that sentiment was stronger in the first half of the week than the latter. A few mill curtailments announced in the West and a picket line set up at a mill site in British Columbia caused traders to stir. However, the B.C. mill picket turned out to be a one-day affair, no further production curtailments were announced, and Wednesday’s U.S. housing report threw cold water on warming demand.




  This Week
Oct 19
Last Week
Oct 12
Year Ago
Random Lengths Framing Lumber Composite Price* $360 $373 $438
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 319 332 449
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 408 422 553
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 285 285 467
Southern Pine (Westside) #2 2x4 R/L 457 472 420
KD Coast Hem-Fir #2&Btr 2x4 R/L 325 335 470
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 710
* Weighted average of 15 key items




Random Lengths Panel Market Report

Structural panel prices plunged as mills searched for trading levels to alleviate buildups. Prices of OSB finished the week lower, but strong sales in the second half of the week allowed producers to bounce quotes off their lows in some regions. Southern Pine plywood trading nearly reached a standstill amid languishing demand. Mills struggled to find levels to entice buyers off the sidelines. A lack of sales, and offerings stacking up at mills, forced western Fir plywood producers to probe for trading levels.




(f.o.b. mill prices) This Week
Oct 19
Last Week
Oct 12
Year Ago
Random Lengths Structural Panel Composite Price* $406 $429 $535
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 395-440 425-465 505-528
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 400-445 430-470 510-530
Western 1/2-inch 4-ply rated sheathing plywood 390 420 513
North Central 7/16-inch Oriented Strand Board 265 290 455
*Weighted average of 11 key items



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


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