Weekly Lumber and Panel Market Report: April 29, 2016

By / May 2, 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.

This Week
Apr 29
Last Week
Apr 22
Year Ago
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
Apr 29
Last Week
Apr 22
Year Ago
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.

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