Weekly Lumber and Panel Market Report: April 22, 2016

By / 6 months ago

Random Lengths Lumber Market Report

Price trends in framing lumber were mixed. Southern Pine was the primary exception to a wider weakening trend. A number of SYP mills were off the market as they caught up on late shipments. Torrential rains and floods preoccupied traders in East Texas, but other key markets picked up the slack. In other species, trading was generally liquid, but producers usually had to trim prices to entice buyers. Strength in Southern Pine offset weakness in the other species, and the Random Lengths Framing Lumber Composite Price was unchanged.

This Week
Apr 22
Last Week
Apr 15
Year Ago
Random Lengths Framing Lumber Composite Price* $346 $346 $332
KD Western S-P-F #2&Btr 2×4 R/L Mill Price 284 294 249
KD Eastern S-P-F #1&2 2×4 R/L, delivered Great Lakes 370 384 361
Green Douglas Fir Std&Btr 2×4 R/L (Portland) 320 325 290
Southern Pine (Westside) #2 2×4 R/L 421 411 408
KD Coast Hem-Fir #2&Btr 2×4 R/L 380 382 305
Ponderosa Pine (Inland) #2&Btr 1×12 R/L 690 685 670
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel trading and price trends were mixed. In most regions, OSB sales were quiet as buyers digested recent purchases. Trading was most active in Western Canada. Southern Pine plywood mills went after orders on rated sheathing more aggressively staring Wednesday. Producers opened to sharp counters or lowered quotes to draw in customers. Most western Fir plywood producers reported an increase in sheathing sales. However, several cut quotes and opened to hefty counters to build order files through next week.

(f.o.b. mill prices) This Week
Apr 22
Last Week
Apr 15
Year Ago
Random Lengths Structural Panel Composite Price* $355 $359 $364
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 353-370 360-385 423-470
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 353-372 363-390 425-475
Western 1/2-inch 4-ply rated sheathing plywood 345 363 418
North Central 7/16-inch Oriented Strand Board 247 247 175
*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