U.S.: Softwood and panel markets - Week 16, 2018

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Random Lengths
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Trading of framing lumber hit a higher gear by midweek, and producers reacted with a firmer stance and higher quotes. Spring weather breaking out across the continent was a major factor. Buyers in the northern tier states and Canadian provinces showed more urgency to get in line for supplies that, if not tight, were quoted with longer-than-usual shipping times. Solid gains in prices pushed the Random Lengths Framing Lumber Composite Price up to $506. 

  This Week
Apr 27
Last Week
Apr 20
Year Ago
2017
Random Lengths Framing Lumber Composite Price* $506 $498 $435
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 565 556 404
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 640 630 490
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 530 530 395
Southern Pine (Westside) #2 2x4 R/L 560 554 495
KD Coast Hem-Fir #2&Btr 2x4 R/L 570 560 425
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 755 755 665
* Weighted average of 15 key items

 Random Lengths Panel Market Report

A modest pickup in structural panel sales was confined primarily to plywood. Price trends in OSB showed little change, with most regions holding to last week’s levels. Small adjustments in both directions were reported in selected areas. Southern Pine plywood sales were steady. Buyers grew more eager to secure coverage once mills established order files into mid-May. Some western Fir plywood traders reported steady sales, but others reported an uptick on Wednesday that carried through the rest of the week. 

(f.o.b. mill prices) This Week
Apr 27
Last Week
Apr 20
Year Ago
2017
Random Lengths Structural Panel Composite Price* $532 $529 $426
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 510-550 500-545 387-410
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 515-555 505-550 392-415
Western 1/2-inch 4-ply rated sheathing plywood 520 520 441
North Central 7/16-inch Oriented Strand Board 405 405 333
*Weighted average of 11 key items

 

 

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