U.S.: Softwood and panel markets - Week 7, 2016

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Random Lengths
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A midweek surge of orders in many species was the highlight of the framing lumber market. After a slow start, attributed largely to holidays in the U.S. and Canada on Monday, buying picked up on Wednesday afternoon and carried solidly into Thursday. One major exception was Southern Pine, as sales faded from the previous week’s action; traders cited a litany of concerns, from the weather to the economy. Nonetheless, gains in other species nudged up the Random Lengths Framing Lumber Composite Price. 

  This Week
Feb 19
Last Week
Feb 12
Year Ago
2015
Random Lengths Framing Lumber Composite Price* $314 $313 $362
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 267 260 319
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 360 360 423
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 312 308 317
Southern Pine (Westside) #2 2x4 R/L 379 383 428
KD Coast Hem-Fir #2&Btr 2x4 R/L 303 298 332
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 670 665 665
* Weighted average of 15 key items

 

Random Lengths Panel Market Report

Structural panel trading gained momentum later in the week. Extended OSB mill order files and steady shipments to job sites prompted buyers to step up their purchasing, and activity intensified as the week progressed. While some Southern Pine plywood producers opened to counters in early trading, those had dried up by Friday morning. Strength was most evident on the westside. Western Fir plywood mills sold steadily, but the volumes and prices at which they took place varied widely. 

(f.o.b. mill prices) This Week
Feb 19
Last Week
Feb 12
Year Ago
2015
Random Lengths Structural Panel Composite Price* $346 $343 $382
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 365-393 365-393 440-480
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 370-393 370-393 445-490
Western 1/2-inch 4-ply rated sheathing plywood 330 337 418
North Central 7/16-inch Oriented Strand Board 223 213 195
*Weighted average of 11 key items

 

 

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