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U.S. lumber and panel market reports

June 07, 2019

U.S.: Lumber and panel market report ---- Week 23 2019

Random Lengths Lumber Market Report


Despite a growing list of mill curtailments, prices of framing lumber sagged under the weight of production. Demand strengthened marginally in some markets, but weather continued to stifle activity in others. Flooding in the Midwest and drenching storms moving through Texas and the Gulf Coast sapped consumption in those regions. While some key Western S-P-F prices posted modest gains, many other framing lumber prices continued to falter. The Random Lengths Framing Lumber Composite Price fell $6, to $319.


  This Week
Jun 7
Last Week
May 31
Year Ago
Random Lengths Framing Lumber Composite Price* $319 $325 $582
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 297 286 647
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 385 387 725
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 300 310 600
Southern Pine (Westside) #2 2x4 R/L 331 347 599
KD Coast Hem-Fir #2&Btr 2x4 R/L 347 355 660
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 860 860 770
* Weighted average of 15 key items



Random Lengths Panel Market Report


Structural panel supplies outpaced demand, and prices faded as a result. Prices of OSB continued to erode, with downward pressure most severe in the South. Trading in Southern Pine plywood was muted amid a continued lack of buyer urgency and plentiful supplies. Recent trends in western Fir plywood persisted. Producers scrapped for every dollar, but opened to modest discounts to sell truckloads. After a strong end to the prior week, largely due to a wildfire threat in northern Alberta, Canadian plywood sales subsided.


(f.o.b. mill prices) This Week
Jun 7
Last Week
May 31
Year Ago
Random Lengths Structural Panel Composite Price* $341 $348 $573
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 355-395 360-395 550-582
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 360-400 365-400 555-595
Western 1/2-inch 4-ply rated sheathing plywood 354 355 570
North Central 7/16-inch Oriented Strand Board 180 190 445
*Weighted average of 11 key items




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


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