U.S. lumber and panel market reports-20160401

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U.S. lumber and panel market reports

April 01, 2016

U.S.: Lumber and panel market report ---- Week 13 2016

Random Lengths Lumber Market Report

The first quarter came to a close with framing lumber prices still pointing upward. Early week strength in futures buoyed mill positions and trader confidence. Mill order files in various species extended into mid-April and beyond. By most accounts, demand was steady to brisk, and many buyers circulated back to their suppliers for coverage. Supply constraints related to production, weather, spring breakup, or species mix also played a role in strengthening prices.

	This Week Apr 1	Last Week Mar 25	Year Ago 2015
Random Lengths Framing Lumber Composite Price*	$345	$340	$336
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	309	303	282
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	388	378	381
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	337	332	300
Southern Pine (Westside) #2 2x4 R/L	393	387	399
KD Coast Hem-Fir #2&Btr 2x4 R/L	370	352	310
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	680	675	670
* Weighted average of 15 key items

Random Lengths Panel Market Report
OSB led the way in structural panel trading. OSB sales accelerated and shifted to a higher gear in the second half of the week. Mills extended order files and steadily pushed quotes higher. While most Southern Pine plywood prices finished flat, the tone of the market was cautiously optimistic. On rated sheathing, mills quoted shipments for the week of April 11. Although the pace in western Fir plywood tapered off from last week’s brisk activity, decent follow-through generated steady upward pressure on prices.

(f.o.b. mill prices)	This Week Apr 1	Last Week Mar 25	Year Ago 2015
Random Lengths Structural Panel Composite Price*	$358	$354	$374
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	373-397	373-397	442-500
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	375-400	375-400	447-508
Western 1/2-inch 4-ply rated sheathing plywood	365	358	425
North Central 7/16-inch Oriented Strand Board	235	225	180
*Weighted average of 11 key items

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

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