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U.S. lumber and panel market reports

 February 22, 2019

U.S.: Lumber and panel market report ---- Week 8 2019
Random Lengths Lumber Market Report

Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing inclement weather as the primary factor. Another snowstorm sweeping across the Midwest and Northeast kept those regions in the deep freeze, while rain continued to drown out demand in the South. Holidays Monday in both the U.S. and Canada got the week off to a slow start, and trading failed to gain momentum. The Random Lengths Framing Lumber Composite Price held, putting an end to a five-week run of gains.



  This Week
Feb 22
Last Week
Feb 15
Year Ago
Random Lengths Framing Lumber Composite Price* $377 $377 $509
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 398 410 540
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 469 471 619
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 297 302 600
Southern Pine (Westside) #2 2x4 R/L 429 422 567
KD Coast Hem-Fir #2&Btr 2x4 R/L 405 405 560
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 820 815 740
* Weighted average of 15 key items




Random Lengths Panel Market Report

Frigid, rainy weather stifled structural panel trading through most of North America. Equilibrium between supply and demand remained intact in OSB, and prices were unchanged. Winter weather dulled demand in key consuming regions. Southern Pine plywood trading was muted, but some mills commanded modest premiums on rated sheathing. Diminished production also kept some prices on a slight upward trajectory. A stagnant sales pace prevailed in western Fir plywood. 



(f.o.b. mill prices) This Week
Feb 22
Last Week
Feb 15
Year Ago
Random Lengths Structural Panel Composite Price* $378 $377 $534
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 385-407 380-405 530-575
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 390-417 385-415 535-580
Western 1/2-inch 4-ply rated sheathing plywood 379 379 549
North Central 7/16-inch Oriented Strand Board 215 215 395
*Weighted average of 11 key items




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


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