Lumber and Panel Market Report: July 8, 2016

By / July 8, 2016

Random Lengths Lumber Market Report

Framing lumber traders looking for a more clear-cut direction to the market after the early July holidays in Canada and the U.S. were left searching. While trading had a pulse, it lacked strength in many species. Traders extending their vacation time, an industry gathering in Mississippi, and hot weather were all cited as factors for the measured post-holiday tone. Prices were flat to narrowly mixed, but the Random Lengths Framing Lumber Composite Price edged up on gains posted in Canadian S-P-F. Activity in the field was steady, and buyers actively purchased fill-in loads.

This Week
Jul 8
Last Week
Jul 1
Year Ago
Random Lengths Framing Lumber Composite Price* $349 $347 $349
KD Western S-P-F #2&Btr 2×4 R/L Mill Price 320 315 300
KD Eastern S-P-F #1&2 2×4 R/L, delivered Great Lakes 420 418 390
Green Douglas Fir Std&Btr 2×4 R/L (Portland) 353 353 347
Southern Pine (Westside) #2 2×4 R/L 383 378 350
KD Coast Hem-Fir #2&Btr 2×4 R/L 357 357 335
Ponderosa Pine (Inland) #2&Btr 1×12 R/L 705 705 670
* Weighted average of 15 key items

Random Lengths Panel Market Report

Sales activity was mixed in structural panel markets, but prices trended higher in plywood and OSB. Western Fir plywood got off to a sluggish start, but business for the week was solid, and prices rose. In Southern Pine plywood, higher prices and extended order files led some buyers to purchase additional inventory. Covering early August requirements was the goal for many buyers. Sales of OSB were steady to strong, and already-strong order files were extended. Prices in most producing regions rose by single digits, although order files were often into late July.

(f.o.b. mill prices) This Week
Jul 8
Last Week
Jul 1
Year Ago
Random Lengths Structural Panel Composite Price* $383 $379 $361
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 375-397 372-392 395-425
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 380-410 378-400 395-425
Western 1/2-inch 4-ply rated sheathing plywood 412 405 390
North Central 7/16-inch Oriented Strand Board 285 278 208
*Weighted average of 11 key items

Source: Random Lengths, republished here with permission granted by the publisher.

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