U.S.: Softwood and Panel Markets - Week 4, 2014

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Used with permission granted by Random Lenghts Publications, Inc.
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Random Lengths Lumber Market Report
Framing lumber trading downshifted from the previous week’s higher gear. A key factor was another winter storm that hammered the eastern half of the U.S., with cold temperatures affecting production and trading as far down as the Deep South. Even so, some traders said the market showed more life than they would have expected given the time of year and the weather in the East. Price gains continued to far outstrip losses, and the Random Lengths Framing Lumber Composite added another $4, to finish at $404.

 
Week
Jan 24
Week
Jan 17
Year Ago
2013
Random Lengths Framing Lumber Composite Price*
$404
$400
$395
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
376
376
370
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
471
468
474
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
400
395 350
Southern Pine (Westside) #2 2x4 R/L
448
441
463
KD Coast Hem-Fir Std&Btr 2x4 R/L
404
398
405
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
805
815
515
* Weighted average of 15 key items


Random Lengths Panel Market Report
Severe winter weather stifled structural panel trading. Buying and selling of OSB took a backseat to discussions about winter storms, transportation headaches, and the weakening Canadian dollar. Southern Pine plywood sales were at a crawl as buyers limited purchases to fill-ins. Bad weather was a major distraction. Western Fir plywood trading was quiet as weather conditions slowed consumption across a large swath of the U.S. and allowed buyers to hold off on purchases.

(f.o.b. mill prices)
Week
Jan 24
Week
Jan 17
Year Ago
2013
Random Lengths Structural Panel Composite Price*
$360
$364
$487
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 360-395
370-405
422-440
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
360-395
370-405
448-455
Western 1/2-inch 4-ply exterior sheathing plywood 365 367
472
North Central 7/16-inch Oriented Strand Board 222 225 403
*Weighted average of 11 key items
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