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U.S. lumber and panel market reports

 April 19, 2019

U.S.: Lumber and panel market report ---- Week 16 2019

Random Lengths Lumber Market Report


Prices of framing lumber continued to retreat amid a slow-developing increase in seasonal demand. Traders widely reported that ample supplies were available at all levels of the distribution system, going back to the mills. That generated little urgency, and left suppliers struggling to move loadings that didn’t nicely fit buyers’ immediate needs. Steadily eroding prices in most producing regions pushed the Random Lengths Framing Lumber Composite Price down $3, an eighth straight weekly drop.



  This Week
Apr 19
Last Week
Apr 12
Year Ago
Random Lengths Framing Lumber Composite Price* $350 $353 $498
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 312 328 556
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 418 427 630
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 295 290 530
Southern Pine (Westside) #2 2x4 R/L 405 405 554
KD Coast Hem-Fir #2&Btr 2x4 R/L 365 375 560
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 860 860 755
* Weighted average of 15 key items



Random Lengths Panel Market Report


Structural panel sales were a grind, and prices slipped. The downward spiral in OSB prices was unabated and taxed traders’ patience. Supplies continued to outstrip demand, and loads were available for quick shipment. Sporadic and inconsistent demand for Southern Pine plywood generated enough orders for producers to maintain order files, but a lack of urgency among buyers applied modest downward pressure on prices. Struggles to sell western Fir plywood continued, and frustration mounted. Activity was spotty all week. Order files extending into May allowed a few Canadian plywood producers to hold to their quotes. Others lowered prices after lead times eroded.



(f.o.b. mill prices) This Week
Apr 19
Last Week
Apr 12
Year Ago
Random Lengths Structural Panel Composite Price* $357 $361 $529
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 372-400 375-403 500-545
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 377-412 380-415 505-550
Western 1/2-inch 4-ply rated sheathing plywood 357 362 520
North Central 7/16-inch Oriented Strand Board 185 190 405
*Weighted average of 11 key items





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


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