U.S.: Softwood and panel markets - Week 40, 2017

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Random Lengths
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The recent surge in demand for framing lumber gave way to a modestly slower sales pace. Even so, many dry framing prices continued to climb, although in smaller increments. Many producers maintained or extended solid order files, keeping them firmly in command of the market. There were exceptions, with some Southern Pine and green Douglas Fir prices softening and cracks developing in Western S-P-F 2x4 studs. The Random Lengths Framing Lumber Composite Price held at $440.

  Week
Oct 13
Week
Oct 6
Year Ago
2016
Random Lengths Framing Lumber Composite Price* $440 $440 $358
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 443 436 325
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 550 546 415
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 470 472 332
Southern Pine (Westside) #2 2x4 R/L 427 427 434
KD Coast Hem-Fir #2&Btr 2x4 R/L 467 465 330
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 700 690 665
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel sales slowed as buyers grew more cautious. Demand from the eastern half of the continent kept prices of OSB on a firm to higher track. While activity in the West was quiet, sales to eastern markets were steady. Southern Pine plywood traders grinded out sales amid buyer reluctance to purchase any volume or replenish inventories. Sales overall were steady and prices held. Western Fir plywood sales were steady, but the pace dropped noticeably. 

(f.o.b. mill prices) Week
Oct 13
Week
Oct 6
Year Ago
2016
Random Lengths Structural Panel Composite Price* $538 $536 $377
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 507-528 507-528 365-385
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 512-530 512-530 370-400
Western 1/2-inch 4-ply rated sheathing plywood 525 525 378
North Central 7/16-inch Oriented Strand Board 455 452 287
*Weighted average of 11 key items

 

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