U.S. lumber and panel market reports-20160115

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U.S. lumber and panel market reports

January 15, 2016

U.S.: Lumber and panel market report ---- Week 2 2016

Random Lengths Lumber Market Report

Buyers maintained a low profile through mid-January, limiting purchases to fill-ins or loadings that they perceived as values. Wintry weather arriving in key markets, economic concerns, and Friday’s close of the January futures contract were oft-cited reasons for the lack of activity. Producers gave ground grudgingly, clinging to thin order files where they could. With weakness creeping into most species, the Random Lengths Framing Lumber Composite Price dipped $5, to $315.

	This Week Jan 15	Last Week Jan 8	Year Ago 2015
Random Lengths Framing Lumber Composite Price*	$315	$320	$383
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	265	273	336
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	360	375	442
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	290	290	312
Southern Pine (Westside) #2 2x4 R/L	405	412	465
KD Coast Hem-Fir #2&Btr 2x4 R/L	303	303	345
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	660	660	665
* Weighted average of 15 key items

Random Lengths Panel Market Report
Structural panel sales sputtered. A disjointed week left OSB prices adjusting in both directions. In most producing regions, mills had sufficient order files to hold quotes or raise them slightly. Southern Pine plywood sales were a grind, particularly it the latter half of the week. While a few producers stuck to their quotes, others dropped prices and opened to counters. Western Fir plywood mills booked occasional orders, although it took considerable effort and discounting.

(f.o.b. mill prices)	This Week Jan 15	Last Week Jan 8	Year Ago 2015
Random Lengths Structural Panel Composite Price*	$356	$360	$393
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	370-400	375-405	447-475
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	370-400	380-412	450-480
Western 1/2-inch 4-ply rated sheathing plywood	344	359	422
North Central 7/16-inch Oriented Strand Board	235	235	205
*Weighted average of 11 key items

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

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