U.S. lumber and panel market reports-20150302

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U.S. lumber and panel market reports

March 02, 2015

U.S.: Lumber and panel market report ---- Week 8 2015

Random Lengths Lumber Market Report

Harsh weather sidetracked traders across the eastern half of the U.S., and a ripple effect spread into other regions. Sales, shipments, and production all suffered as ice and snow reached into the Deep South. Other factors, including exchange rates and weakness in futures in the first half of the week, kept buyers on the sidelines. Reports that WesternS-P-F producers drew in sizable orders from Chinese buyers returning from their new-year holidays gave futures a boost Thursday, and spurred short covering.

	This Week Feb 27	Last Week Feb 20	Year Ago 2014
Random Lengths Framing Lumber Composite Price*	$348	$357	$389
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	300	313	362
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	400	418	455
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	307	317	395
Southern Pine (Westside) #2 2x4 R/L	410	420	422
KD Coast Hem-Fir #2&Btr 2x4 R/L	322	330	402
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	665	665	755
* Weighted average of 15 key items

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Random Lengths Panel Market Report

Severe winter weather wreaked havoc on structural panel markets in the East. Trading in the West, however, was no better. Weather-related slowdowns crimped OSB demand across much of North America, and prices were flat to slightly lower. Southern Pine plywood prices edged higher early, then flatted as bad weather across the South put the brakes on sales and shipping. Western Fir plywood sales were a grind, and it took discounts to lure buyers into action.

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(f.o.b. mill prices)	This Week Feb 27	Last Week Feb 20	Year Ago 2014
Random Lengths Structural Panel Composite Price*	$378	$381	$365
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	440-495	440-490	375-410
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	445-505	445-500	380-410
Western 1/2-inch 4-ply rated sheathing plywood	406	413	390
North Central 7/16-inch Oriented Strand Board	192	195	215
*Weighted average of 11 key items

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(Source: Used with permission granted by Random Lenghts Publications, Inc.)

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