| Random Lengths Lumber Market
Report
Frustration and angst grew among traders of framing lumber, as the
market remained in the doldrums. Oversupply was cited as the primary
culprit, but demand fundamentals were also getting closer scrutiny.
Traders were tired of hearing about weather holding back demand, but
for some Mother Nature was still at the fore. Cold, winter-like
weather conditions were still present in the Northeast, and rain
pounded areas of the South. Tornado watches were in effect across the
midsection of the U.S.
| |
This Week
Apr 10 |
Last Week
Apr 3 |
Year Ago
2014 |
| Random Lengths Framing Lumber Composite
Price* |
$336 |
$337 |
$362 |
| KD Western S-P-F #2&Btr 2x4 R/L Mill
Price |
269 |
279 |
336 |
| KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
369 |
381 |
440 |
| Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
295 |
300 |
327 |
| Southern Pine (Westside) #2 2x4 R/L |
406 |
402 |
373 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L |
310 |
310 |
388 |
| Ponderosa Pine (Inland) #2&Btr 1x12
R/L |
670 |
670 |
730 |
| * Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel prices faded amid lackluster demand. The
downward drift in OSB prices continued unabated, with northern
markets especially sluggish. Most buyers continued to purchase
hand-to-mouth, even though prices were approaching four-year lows.
Moderate downward price pressure persisted in Southern Pine plywood.
Buyers lacked urgency, and confined activity to sparse replenishment
when inventories had run bare. After last week¨s strong finish,
western Fir plywood traders were disappointed in the lack of
follow-through this week.
| (f.o.b. mill prices) |
This Week
Apr 10 |
Last Week
Apr 3 |
Year Ago
2014 |
| Random Lengths Structural Panel
Composite Price* |
$369 |
$371 |
$354 |
| Southern (west-east) 15/32-inch 3-ply
rated sheathing plywood |
430-487 |
435-495 |
368-400 |
| Southern (west-east) 15/32-inch 4-ply
rated sheathing plywood |
435-490 |
440-500 |
368-400 |
| Western 1/2-inch 4-ply rated sheathing
plywood |
425 |
422 |
382 |
| North Central 7/16-inch Oriented Strand
Board |
180 |
180 |
205 |
| *Weighted average of 11 key items |
(Source: Used with permission granted by Random Lenghts Publications, Inc.)
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