Showing signs of life late the prior week, trading in framing lumber gained momentum following Monday’s holiday. Forest fires and logging restrictions in B.C. and the Pacific Northwest tightened supplies, while extended mill order files made it difficult for buyers to cover needs promptly. Meanwhile, flooding and damage from Hurricane Harvey disrupted demand in Texas, while Florida braced for Hurricane Irma’s expected landfall this weekend. However, trading in Southern Pine picked up, as Irma’s potential path was aimed at sawmills in the Southeast.
Week Sep 8 |
Week Sep 1 |
Year Ago 2016 |
|
Random Lengths Framing Lumber Composite Price* | $410 | $403 | $351 |
KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 406 | 395 | 314 |
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 496 | 485 | 420 |
Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 460 | 455 | 332 |
Southern Pine (Westside) #2 2x4 R/L | 370 | 360 | 402 |
KD Coast Hem-Fir #2&Btr 2x4 R/L | 430 | 420 | 330 |
Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 675 | 675 | 690 |
* Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel markets buzzed with energy in response to Hurricanes Harvey and Irma in the South and extensive wildfires in the Northwest. OSB sheathing sales spanned a range of $30-40 or more in the South amid chaotic trading. Another potentially devastating hurricane fueled upward price pressure and widespread demand in Southern Pine plywood markets. Some of the surge in western Fir plywood markets was spillover from Southern Pine plywood, but ongoing wildfires in the West were a bigger factor.
(f.o.b. mill prices) | Week Sep 8 |
Week Sep 1 |
Year Ago 2016 |
Random Lengths Structural Panel Composite Price* | $483 | $461 | $392 |
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 450-475 | 400-420 | 370-389 |
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 455-480 | 405-425 | 372-390 |
Western 1/2-inch 4-ply rated sheathing plywood | 509 | 482 | 422 |
North Central 7/16-inch Oriented Strand Board | 419 | 414 | 304 |
*Weighted average of 11 key items |