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U.S. lumber and panel market reports

 October 26, 2018

U.S.: Lumber and panel market report ---- Week 43 2018
Random Lengths Lumber Market Report

Disappointment permeated framing lumber markets, as trading lacked follow-through from the previous week’s pickup in sales. One brighter spot was a modest increase in sales of Southern Pine, as some prices reached what buyers called “investment levels.” Elsewhere, however, a quiet, if not gloomy, tone left prices stalled at best, and many continued to fall — some to levels not seen in two years. The Random Lengths Framing Lumber Composite Price fell $14, to $346, its lowest level since April 2016.




  This Week
Oct 26
Last Week
Oct 19
Year Ago
Random Lengths Framing Lumber Composite Price* $346 $360 $433
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 298 319 457
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 395 408 555
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 285 285 462
Southern Pine (Westside) #2 2x4 R/L 437 457 410
KD Coast Hem-Fir #2&Btr 2x4 R/L 310 325 470
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 720
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel sales picked up, but prices continued to lose ground. Price trends covered the gamut in OSB. Small increases were posted in Western Canada early in the week, but activity quieted and prices held at midweek levels. Leaner inventories led Southern Pine plywood buyers to purchase more volume as the week progressed, and the pace of price erosion dissipated. Western Fir plywood sales were the most robust traders had seen in several weeks. Trading picked up for mills that opened to double-digit counters.




(f.o.b. mill prices) This Week
Oct 26
Last Week
Oct 19
Year Ago
Random Lengths Structural Panel Composite Price* $391 $406 $527
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 370-405 395-440 495-520
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 375-410 400-445 500-525
Western 1/2-inch 4-ply rated sheathing plywood 370 390 500
North Central 7/16-inch Oriented Strand Board 250 265 455
*Weighted average of 11 key items



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


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