Weekly Lumber and Panel Market Report: April 29, 2016
Random Lengths Lumber Market Report
Sales of framing lumber varied among species and producing regions. The cash market in Western S-P-F got a shot in the arm from strength in futures, and transportation hang-ups related to a rail trestle in Alberta that was destroyed by fire. Eastern S-P-F producers also caught the wave of increased activity. Elsewhere, trading was mixed, with the pace slowing in Southern Pine and trading in western species described as a grind. All told, the Random Lengths Framing Lumber Composite Price rose $4.
|Random Lengths Framing Lumber Composite Price*||$350||$346||$327|
|KD Western S-P-F #2&Btr 2×4 R/L Mill Price||298||284||249|
|KD Eastern S-P-F #1&2 2×4 R/L, delivered Great Lakes||385||370||350|
|Green Douglas Fir Std&Btr 2×4 R/L (Portland)||327||320||290|
|Southern Pine (Westside) #2 2×4 R/L||427||421||397|
|KD Coast Hem-Fir #2&Btr 2×4 R/L||380||380||300|
|Ponderosa Pine (Inland) #2&Btr 1×12 R/L||695||690||670|
|* Weighted average of 15 key items|
Random Lengths Panel Market Report
Structural panel sales gained momentum. Extended order files and steady demand kept prices of OSB on a firm-to-higher track. Activity was best in western markets, where reports of coming downtime and recent production issues in Western Canada kept buyers replenishing. After a slow start to the week, Southern Pine plywood sales showed more life Wednesday and Thursday, and the market finished with a better tone. A late-week pickup in activity firmed western Fir sheathing prices, with a few producers lifting quotes by around $5 Friday.
|(f.o.b. mill prices)||This Week
|Random Lengths Structural Panel Composite Price*||$358||$355||$360|
|Southern (west-east) 15/32-inch 3-ply rated sheathing plywood||355-375||353-370||418-460|
|Southern (west-east) 15/32-inch 4-ply rated sheathing plywood||358-377||353-372||420-465|
|Western 1/2-inch 4-ply rated sheathing plywood||343||345||392|
|North Central 7/16-inch Oriented Strand Board||250||247||175|
|*Weighted average of 11 key items|
Source: Random Lengths, republished here with permission granted by the publisher.