Weekly Lumber and Panel Market Report: April 15, 2016

By / 6 months ago

Random Lengths Lumber Market Report

Mixed price trends kept framing lumber traders off balance in mid-April. Gains were mostly secured in the Southern Pine market, with treaters, home centers, and truss manufacturers among the most active buyers. Prices softened in Western and Eastern S-P-F. In the West, the brisk sales pace of recent weeks moderated; prices of Hem Fir were firm, while weakness was prevalent in green and dry Douglas Fir. The Random Lengths Framing Lumber Composite Price fell for the first time in 11 weeks.

This Week
Apr 15
Last Week
Apr 8
Year Ago
Random Lengths Framing Lumber Composite Price* $346 $347 $336
KD Western S-P-F #2&Btr 2×4 R/L Mill Price 294 308 269
KD Eastern S-P-F #1&2 2×4 R/L, delivered Great Lakes 384 389 369
Green Douglas Fir Std&Btr 2×4 R/L (Portland) 325 335 295
Southern Pine (Westside) #2 2×4 R/L 411 400 406
KD Coast Hem-Fir #2&Btr 2×4 R/L 382 378 310
Ponderosa Pine (Inland) #2&Btr 1×12 R/L 685 685 670
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel prices shifted in both directions amid a slower overall trading pace. Solid mill order files kept OSB prices on a firm to higher track, although sales slowed from the pace of previous weeks. Buyers took on a more cautious tone. In Southern Pine plywood markets, prices of rated sheathing softened. Activity at the retail and distribution levels was brisk, but eroding order files put pressure on mills to find trading levels. A slow week of trading at the mill level resulted in a few cracks appearing in western Fir plywood prices.

(f.o.b. mill prices) This Week
Apr 15
Last Week
Apr 8
Year Ago
Random Lengths Structural Panel Composite Price* $359 $360 $369
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 360-385 370-393 430-487
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 363-390 373-397 435-490
Western 1/2-inch 4-ply rated sheathing plywood 363 369 425
North Central 7/16-inch Oriented Strand Board 247 242 180
*Weighted average of 11 key items

Source: Random Lengths, republished here with permission granted by the publisher.

Random Lengths

Random Lengths provides the wood products industry with unbiased, consistent, and timely reports of market activity and prices, related trends, issues, and analysis. The company’s focus has traditionally been on North American markets, but Random Lengths has expanded its coverage to cover prices and developments in overseas supplying regions. Learn More: www.randomlengths.com