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U.S. lumber and panel market reports

June 21, 2019

U.S.: Lumber and panel market report ---- Week 25 2019

Random Lengths Lumber Market Report


News broke Monday of another mill closure in British Columbia, which shifted trading in most framing lumber species to a higher gear. West Fraser announced its intention to permanently close its Chasm lumber mill and eliminate a shift at the 100 Mile House mill in the third quarter. Sales slowed in late trading, however, as buyers paused to assess the market. The reported price of Western S-P-F #2&Btr 2x4 jumped $30 higher, although upward momentum slowed in the second half of the week.


  This Week
Jun 21
Last Week
Jun 14
Year Ago
Random Lengths Framing Lumber Composite Price* $345 $326 $554
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 390 360 582
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 445 402 686
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 323 303 560
Southern Pine (Westside) #2 2x4 R/L 332 318 568
KD Coast Hem-Fir #2&Btr 2x4 R/L 378 353 615
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 860 860 770
* Weighted average of 15 key items



Random Lengths Panel Market Report


Structural panel trading displayed more energy. Sales of OSB kicked into high gear. Supply-side concerns pulled buyers into the market following recent curtailment announcements in Western Canada. A more positive tone emerged in Southern Pine plywood after a sluggish start shifted to steadier sales in late trading. An uptick in western Fir plywood activity at midweek generated enough sales for some producers to report their strongest sales in weeks. Canadian plywood traders experienced a sluggish week. The Random Lengths Non-Structural Panel Composite Price shifted for the first time since its inception, posting an $8 gain.


(f.o.b. mill prices) This Week
Jun 21
Last Week
Jun 14
Year Ago
Random Lengths Structural Panel Composite Price* $334 $333 $565
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 340-380 345-385 530-565
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 345-385 350-390 535-570
Western 1/2-inch 4-ply rated sheathing plywood 352 352 567
North Central 7/16-inch Oriented Strand Board 182 175 445
*Weighted average of 11 key items




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


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