| Random Lengths Lumber Market
Report
A bearish tone prevailed throughout the framing lumber market, as
most buyers steered clear of all but must-have purchases. Traders
seized on three indicators: a 26% year-to-date drop in North American
exports to China; a 10% increase in Canadian shipments to the U.S.
through February; and a disappointing housing report for March.
Against that backdrop, traders sensed that supply and demand were out
of balance, and drops in most species pushed the Random Lengths
Framing Lumber Composite down $4.
| |
This Week
Apr 17 |
Last Week
Apr 10 |
Year Ago
2014 |
| Random Lengths Framing Lumber Composite
Price* |
$332 |
$336 |
$362 |
| KD Western S-P-F #2&Btr 2x4 R/L Mill
Price |
249 |
269 |
334 |
| KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
361 |
369 |
435 |
| Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
290 |
295 |
335 |
| Southern Pine (Westside) #2 2x4 R/L |
408 |
406 |
370 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L |
305 |
310 |
388 |
| Ponderosa Pine (Inland) #2&Btr 1x12
R/L |
670 |
670 |
735 |
| * Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel prices gave way to downward pressure amid
lethargic sales in all markets. Prices remained adrift in nearly all
OSB producing regions because of thin mill order files and weak
demand. Southern Pine sheathing prices fell at a steeper rate.
Buyers at all levels of the distribution network showed little
urgency, confining purchases to highly mixed loads that addressed
immediate needs. Western Fir plywood sales were infrequent and
largely concentrated along the West Coast in an overall lackluster
week.
| (f.o.b. mill prices) |
This Week
Apr 17 |
Last Week
Apr 10 |
Year Ago
2014 |
| Random Lengths Structural Panel
Composite Price* |
$364 |
$369 |
$359 |
| Southern (west-east) 15/32-inch 3-ply
rated sheathing plywood |
423-470 |
430-487 |
378-410 |
| Southern (west-east) 15/32-inch 4-ply
rated sheathing plywood |
425-475 |
435-490 |
378-417 |
| Western 1/2-inch 4-ply rated sheathing
plywood |
418 |
425 |
387 |
| North Central 7/16-inch Oriented Strand
Board |
175 |
180 |
210 |
| *Weighted average of 11 key items |
(Source: Used with permission granted by Random Lenghts Publications, Inc.)
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|
