U.S. lumber and panel market reports-20151012

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U.S. lumber and panel market reports

October 12, 2015

U.S.: Lumber and panel market report ---- Week 40 2015

Random Lengths Lumber Market Report
Trading in framing lumber turned more upbeat, as concerns about next week’s expiration of the Softwood Lumber Agreement dissipated. Traders largely tossed aside any angst about heavier-than-normal shipments after the SLA’s October 12 expiration, as Canadian mills built order files into the second half of October. Demand was driven by secondaries replenishing thinning inventories. With most species showing at least an uptick in key prices, the Random Lengths Framing Lumber Composite Price rose $6.

This Week
Oct 9 Last Week
Oct 2 Year Ago
2014

Random Lengths Framing Lumber Composite Price* $305 $299 $384

KD Western S-P-F #2&Btr 2x4 R/L Mill Price 250 240 352

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 346 343 452

Green Douglas Fir Std&Btr 2x4 R/L (Portland) 295 295 325

Southern Pine (Westside) #2 2x4 R/L 350 329 436

KD Coast Hem-Fir #2&Btr 2x4 R/L 300 303 365

Ponderosa Pine (Inland) #2&Btr 1x12 R/L 660 660 675

* Weighted average of 15 key items

Random Lengths Panel Market Report
Structural panel trading gained momentum. The steady-to-strong pace that had typified OSB markets in recent weeks turned more frenzied on Wednesday. Buyers covered their needs with more urgency. Southern Pine plywood trading came to life Thursday on news of a South Carolina mill’s market-related curtailment. The announcement brought in wholesalers to cover shorts and purchase modest long positions. Activity in western Fir plywood markets was flat or up from last week.

(f.o.b. mill prices)	This Week Oct 9	Last Week Oct 2	Year Ago 2014
Random Lengths Structural Panel Composite Price*	$353	$351	$409
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	360-395	360-395	450-515
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	360-390	360-390	478-518
Western 1/2-inch 4-ply rated sheathing plywood	365	370	480
North Central 7/16-inch Oriented Strand Board	232	225	222
*Weighted average of 11 key items

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

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