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U.S. lumber and panel market reports

July 19, 2019

U.S.: Lumber and panel market report ---- Week 29 2019

Random Lengths Lumber Market Report


Framing lumber traded quietly at a limited-volume pace similar to the prior week. The lack of activity weighed on producers, who pressed more urgently to move production. Price trends were mixed, but downward pressure was clearly evident in some species, particularly Western and Eastern S-P-F. Prices of key random dimension and stud items posted deep double-digit drops. Weakness in these species drove a $5 drop in the Random Lengths Framing Lumber Composite Price, ending a five-week string of gains.


  This Week
Jul 19
Last Week
Jul 12
Year Ago
Random Lengths Framing Lumber Composite Price* $356 $361 $515
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 338 372 587
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 435 457 660
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 350 345 555
Southern Pine (Westside) #2 2x4 R/L 379 374 504
KD Coast Hem-Fir #2&Btr 2x4 R/L 375 385 585
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 850 850 775
* Weighted average of 15 key items



Random Lengths Panel Market Report


Structural panel sales were steady enough to minimize downward price pressure, but buyers lacked urgency and replenished sparingly. Demand for OSB was limited to small volumes that mills sold at or near quotes. Sales were difficult to secure in Southern Pine plywood. Occasional discounts surfaced on carloads. Dull trading persisted in Western Fir plywood, which led to few price changes. Canadian plywood buyers held out as long as possible before replenishing. Mills leaned on order files, but prices slipped modestly.


(f.o.b. mill prices) This Week
Jul 19
Last Week
Jul 12
Year Ago
Random Lengths Structural Panel Composite Price* $345 $345 $502
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 340-375 340-380 475-515
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 345-380 345-385 480-520
Western 1/2-inch 4-ply rated sheathing plywood 360 360 522
North Central 7/16-inch Oriented Strand Board 214 210 415
*Weighted average of 11 key items




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


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