Weekly Lumber and Panel Market Report: April 22, 2016
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.
|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
|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.