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U.S. lumber and panel market reports

 March 08, 2019

U.S.: Lumber and panel market report ---- Week 10 2019
Random Lengths Lumber Market Report

Winter kept a grip on many regions and key markets, but sales of framing lumber picked up in some species nonetheless. A sense that winter’s days were numbered among traders of western species and Canadian S-P-F fueled wholesaler short covering in both cash and futures. Gains on the board Wednesday and Thursday helped bolster confidence among some buyers, but not all, particularly those still struggling with the weather. Firming in prices late in the week failed to offset early losses, and the Random Lengths Framing Lumber Composite Price fell $7, to $364.



  This Week
Mar 8
Last Week
Mar 1
Year Ago
Random Lengths Framing Lumber Composite Price* $364 $371 $511
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 376 378 539
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 445 457 625
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 293 290 580
Southern Pine (Westside) #2 2x4 R/L 412 424 587
KD Coast Hem-Fir #2&Btr 2x4 R/L 385 398 555
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 835 825 740
* Weighted average of 15 key items




Random Lengths Panel Market Report

Adverse weather conditions caused another week of stagnant trading in structural panels. Snow and frigid temperatures kept OSB shipments to job sites at a near-standstill in northern markets. Wet weather continued to blunt demand across the South. Southern Pine plywood sales were inconsistent during an overall slow week of trading, but mills were hesitant to alter their approach to the market. Western Fir plywood sales were quiet to start the week, but the tone improved in late trading.



(f.o.b. mill prices) This Week
Mar 8
Last Week
Mar 1
Year Ago
Random Lengths Structural Panel Composite Price* $378 $378 $541
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 392-407 390-407 530-575
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 397-417 395-417 535-580
Western 1/2-inch 4-ply rated sheathing plywood 365 372 550
North Central 7/16-inch Oriented Strand Board 215 215 405
*Weighted average of 11 key items




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


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