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U.S. lumber and panel market reports

August 02, 2019

U.S.: Lumber and panel market report ---- Week 31 2019

Random Lengths Lumber Market Report


Sales picked up late in the week in some framing lumber species, amid a limit-up move in futures Thursday and a pair of curtailment announcements in Western Canada. Market fundamentals, however, were unchanged. This was reflected in the Random Lengths Framing Lumber Composite Price, which finished $5 lower for the third consecutive week. Adequately supplied buyers took calls from mills needing to load empty cars, and discounts were prevalent. Dealers and distributors covered only immediate needs.


  This Week
Aug 2
Last Week
Jul 26
Year Ago
Random Lengths Framing Lumber Composite Price* $346 $351 $463
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 324 322 477
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 422 427 588
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 355 350 450
Southern Pine (Westside) #2 2x4 R/L 373 379 433
KD Coast Hem-Fir #2&Btr 2x4 R/L 365 370 485
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 850 850 775
* Weighted average of 15 key items



Random Lengths Panel Market Report


Structural panel prices fell as supplies outpaced demand. OSB prices softened in most producing regions, even though supply-side concerns emerged in Western Canada. Fierce competition for orders emerged in the Southern Pine plywood market as demand for rated sheathing slowed to a trickle and drove deeper price cuts. In western Fir plywood, sluggish sales kept moderate downward pressure on sheathing prices. Liquidity at the mill level remained limited in Canadian plywood, prolonging downward pressure on sheathing prices.  


(f.o.b. mill prices) This Week
Aug 2
Last Week
Jul 26
Year Ago
Random Lengths Structural Panel Composite Price* $335 $343 $462
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 320-345 335-365 475-515
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 325-350 340-370 480-520
Western 1/2-inch 4-ply rated sheathing plywood 350 357 522
North Central 7/16-inch Oriented Strand Board 218 218 415
*Weighted average of 11 key items





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


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