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U.S. lumber and panel market reports

June 14, 2019

U.S.: Lumber and panel market report ---- Week 24 2019

Random Lengths Lumber Market Report


Additional and significant curtailments announced in British Columbia jolted the framing lumber market out of a five-week losing streak. While dramatic price volatility was limited to Western S-P-F, the impact bled into other species, with mills firming quotes and raising prices moderately in late trading. Aggressive increases by B.C. mills resulted in some $60-80 shifts in sales levels from the previous week to where mills quoted Thursday. Led by Western S-P-F, the Random Lengths Framing Lumber Composite gained $7.


  This Week
Jun 14
Last Week
Jun 7
Year Ago
Random Lengths Framing Lumber Composite Price* $326 $319 $571
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 360 297 615
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 402 385 712
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 303 300 575
Southern Pine (Westside) #2 2x4 R/L 318 331 588
KD Coast Hem-Fir #2&Btr 2x4 R/L 353 347 640
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 860 860 770
* Weighted average of 15 key items


Random Lengths Panel Market Report


Trends were mixed in structural panel trading. The announcements this week that two OSB plants were going to be curtailed indefinitely in Western Canada stirred buyers and reversed the downward trend in that market. Southern Pine plywood sales were slow to develop at previously reported prices, and many mills opened to counters to secure orders. As in prior weeks, most western Fir plywood producers tried to sell truckloads of sheathing with minimal concessions and push carload volumes with deeper discounts. The week got off to a slow start in Canadian plywood markets. Activity picked up Wednesday afternoon.


(f.o.b. mill prices) This Week
Jun 14
Last Week
Jun 7
Year Ago
Random Lengths Structural Panel Composite Price* $333 $341 $573
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 345-385 355-395 550-582
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 350-390 360-400 555-593
Western 1/2-inch 4-ply rated sheathing plywood 352 354 571
North Central 7/16-inch Oriented Strand Board 175 180 445
*Weighted average of 11 key items




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


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