Weekly Lumber and Panel Market Report: May 20, 2016
Random Lengths Lumber Market Report
Price trends of the previous two weeks persisted, with Canadian S-P-F and western species strengthening and Southern Pine weakening. Sales overall tapered from the pace of recent weeks, and a larger degree of caution was noted by many traders in the week’s latter half. Nonetheless, most producers were fortified with solid order files — some extending to or even through mid-June. Any notion that producers outside the Southern Pine region were growing vulnerable was widely dismissed.
|Random Lengths Framing Lumber Composite Price*||$360||$359||$310|
|KD Western S-P-F #2&Btr 2×4 R/L Mill Price||325||319||251|
|KD Eastern S-P-F #1&2 2×4 R/L, delivered Great Lakes||420||410||347|
|Green Douglas Fir Std&Btr 2×4 R/L (Portland)||350||345||288|
|Southern Pine (Westside) #2 2×4 R/L||415||424||345|
|KD Coast Hem-Fir #2&Btr 2×4 R/L||380||377||297|
|Ponderosa Pine (Inland) #2&Btr 1×12 R/L||700||700||670|
|* Weighted average of 15 key items|
Random Lengths Panel Market Report
Structural panel sales were a mixed bag. OSB mill sales slowed as buyers confronted extended order files and prices that represented three-year highs. Sales shifted to the secondary market, where distributors and reloads offered quicker shipments. Southern Pine plywood prices were in a holding pattern as mill output roughly balanced with sales. Demand at the retail level was heavy to mixed loads that could ship quickly. Trading in western Fir plywood was measured, but sales picked up later in the week.
|(f.o.b. mill prices)||This Week
|Random Lengths Structural Panel Composite Price*||$378||$376||$354|
|Southern (west-east) 15/32-inch 3-ply rated sheathing plywood||367-383||367-383||390-440|
|Southern (west-east) 15/32-inch 4-ply rated sheathing plywood||372-387||372-387||390-440|
|Western 1/2-inch 4-ply rated sheathing plywood||368||367||389|
|North Central 7/16-inch Oriented Strand Board||280||275||195|
|*Weighted average of 11 key items|
Source: Random Lengths, republished here with permission granted by the publisher.