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U.S. lumber and panel market reports

 November 02, 2018

U.S.: Lumber and panel market report ---- Week 44 2018
Random Lengths Lumber Market Report

Trading in framing lumber picked up, and firming prices sent signals that a bottom had been found. Not all traders were fully convinced, especially after a recent false start, but even skeptics did some fill-in buying after weeks of cautious and limited purchasing. Concern about the labor situation in British Columbia and reports of volume sold offshore drew in short covering Wednesday, with cautious long position-taking thereafter. The Random Lengths Framing Lumber Composite Price fell $9 for the week, but with $8 of that loss coming at midweek.




  This Week
Nov 2
Last Week
Oct 26
Year Ago
Random Lengths Framing Lumber Composite Price* $337 $346 $431
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 312 298 467
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 387 395 559
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 280 285 457
Southern Pine (Westside) #2 2x4 R/L 417 437 405
KD Coast Hem-Fir #2&Btr 2x4 R/L 305 310 475
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 725
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel sales gained momentum as the week progressed, and the more active pace helped producers ease the recent downward slide in prices. OSB sales accelerated in the second half of the week, although it didn’t always allow producers to raise quotes. Prices finished mixed across North America. Steady sales of Southern Pine rated sheathing halted the deep price cuts that were routine last month. Western Fir plywood traders noted an improved tone, with more inquiries and sales.




(f.o.b. mill prices) This Week
Nov 2
Last Week
Oct 26
Year Ago
Random Lengths Structural Panel Composite Price* $387 $391 $509
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 360-390 370-405 475-520
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 365-395 375-410 480-525
Western 1/2-inch 4-ply rated sheathing plywood 365 370 482
North Central 7/16-inch Oriented Strand Board 245 250 440
*Weighted average of 11 key items



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


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