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U.S. lumber and panel market reports

 April 26, 2019

U.S.: Lumber and panel market report ---- Week 17 2019

Random Lengths Lumber Market Report


Market-related curtailments in British Columbia served as signs that framing lumber markets were oversold and downside risk was waning. A curtailment announced Wednesday stemmed the slide in Canadian S-P-F and ignited a buying rally in futures. While defined by some traders as a “Spruce event,” trading perked up in western species as well. Softening prices early in the week firmed and rebounded, and a $1 uptick in the Random Lengths Framing Lumber Composite broke an eight-week string of losses. 


  This Week
Apr 26
Last Week
Apr 19
Year Ago
Random Lengths Framing Lumber Composite Price* $351 $350 $506
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 323 312 565
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 410 418 640
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 302 295 530
Southern Pine (Westside) #2 2x4 R/L 405 405 560
KD Coast Hem-Fir #2&Btr 2x4 R/L 355 365 570
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 860 860 755
* Weighted average of 15 key items



Random Lengths Panel Market Report


Structural panel trading was mixed. Languishing OSB sales came to life in western markets, and heavy volumes were traded. The deepest discounts were reported on Wednesday. Southern Pine plywood prices eroded amid steady demand that failed to match or surpass supply. Western Fir plywood producers noted a mild pickup in sales Wednesday after sluggish activity early. After a lackluster start, Canadian plywood producers reported an uptick in sales Thursday, some owing it to heightened lumber and OSB activity. 


(f.o.b. mill prices) This Week
Apr 26
Last Week
Apr 19
Year Ago
Random Lengths Structural Panel Composite Price* $354 $357 $532
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 367-400 372-400 510-550
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 372-407 377-412 515-555
Western 1/2-inch 4-ply rated sheathing plywood 355 357 520
North Central 7/16-inch Oriented Strand Board 180 185 405
*Weighted average of 11 key items





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


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