U.S.: Softwood and panel markets - Week 17, 2016

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Random Lengths
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Last week's ales of framing lumber in US varied among species and producing regions. The cash market in Western S-P-F got a shot in the arm from strength in futures, and transportation hang-ups related to a rail trestle in Alberta that was destroyed by fire. Eastern S-P-F producers also caught the wave of increased activity. Elsewhere, trading was mixed, with the pace slowing in Southern Pine and trading in western species described as a grind. All told, the Random Lengths Framing Lumber Composite Price rose $4.

  Week
Apr 29
Previous Week
Apr 22
Year Ago
2015
Random Lengths Framing Lumber Composite Price* $350 $346 $327
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 298 284 249
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 385 370 350
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 327 320 290
Southern Pine (Westside) #2 2x4 R/L 427 421 397
KD Coast Hem-Fir #2&Btr 2x4 R/L 380 380 300
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 695 690 670
* Weighted average of 15 key items

 

Random Lengths Panel Market Report

Structural panel sales gained momentum. Extended order files and steady demand kept prices of OSB on a firm-to-higher track. Activity was best in western markets, where reports of coming downtime and recent production issues in Western Canada kept buyers replenishing. After a slow start to the week, Southern Pine plywood sales showed more life Wednesday and Thursday, and the market finished with a better tone. A late-week pickup in activity firmed western Fir sheathing prices, with a few producers lifting quotes by around $5 Friday.

(f.o.b. mill prices) Week
Apr 29
Previous Week
Apr 22
Year Ago
2015
Random Lengths Structural Panel Composite Price* $358 $355 $360
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 355-375 353-370 418-460
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 358-377 353-372 420-465
Western 1/2-inch 4-ply rated sheathing plywood 343 345 392
North Central 7/16-inch Oriented Strand Board 250 247 175
*Weighted average of 11 key items
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