U.S.: Softwood and panel markets - Week 4, 2016

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Random Lengths
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Traders across the distribution system were happy to see January pass. But for the first time since the holidays buyers showed a keen interest in mill offerings. Sales that developed on Wednesday lifted many framing lumber prices off the week’s lows. As some markets sprung to life, others remained dull, especially those hit with recent wintry weather. Inconsistent sales were also evident among mills in the same producing regions, with one result being larger-than-usual price spreads.

 

This Week
Jan 29

Last Week
Jan 22

Year Ago
2015

Random Lengths Framing Lumber Composite Price*

$305

$308

$367

KD Western S-P-F #2&Btr 2x4 R/L Mill Price

245

252

312

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes

349

353

418

Green Douglas Fir Std&Btr 2x4 R/L (Portland)

290

287

305

Southern Pine (Westside) #2 2x4 R/L

392

397

440

KD Coast Hem-Fir #2&Btr 2x4 R/L

298

300

335

Ponderosa Pine (Inland) #2&Btr 1x12 R/L

660

660

665

* Weighted average of 15 key items

 

Random Lengths Panel Market Report

Structural panel sales were a grind. OSB buyers remained wary of the calendar and broader economic trends. Concerns in Texas about oil prices weighed on buyers there, quieting phones at Southwest mills. After a slow start, Southern Pine plywood mills pulled customers off the sidelines Wednesday with the help of sharp discounts. Razor-thin inventories and the approach of spring were additional considerations for buyers. Western Fir plywood sales were mixed and uneven.

(f.o.b. mill prices)

This Week
Jan 29

Last Week
Jan 22

Year Ago
2015

Random Lengths Structural Panel Composite Price*

$348

$352

$379

Southern (west-east) 15/32-inch 3-ply rated sheathing plywood

360-388

360-390

430-460

Southern (west-east) 15/32-inch 4-ply rated sheathing plywood

365-388

360-390

430-460

Western 1/2-inch 4-ply rated sheathing plywood

330

332

395

North Central 7/16-inch Oriented Strand Board

225

235

197

*Weighted average of 11 key items

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