U.S. lumber and panel market reports-20160408

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U.S. lumber and panel market reports

April 08, 2016

U.S.: Lumber and panel market report ---- Week 14 2016

Random Lengths Lumber Market Report

The second quarter got off to a quiet start in most framing lumber species, after a brisk close to the first quarter. Traders attributed the slower pace to the need to digest March purchases, and assess market prospects going forward. Spring break, vacation absences, and a reversal in the futures market were all cited as contributing factors. While many prices flattened, residual upside momentum pushed the weekly Random Lengths Framing Lumber Composite Price mildly higher to $347.

	This Week Apr 8	Last Week Apr 1	Year Ago 2015
Random Lengths Framing Lumber Composite Price*	$347	$345	$337
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	308	309	279
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	389	388	381
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	335	337	300
Southern Pine (Westside) #2 2x4 R/L	400	393	402
KD Coast Hem-Fir #2&Btr 2x4 R/L	378	370	310
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	685	680	670
* Weighted average of 15 key items

Random Lengths Panel Market Report
OSB sales were more active than plywood in the structural panel market. Steady sales and solid order files allowed OSB producers in most regions to keep modest upward pressure on quotes. The Southern Pine plywood market lacked energy, and prices of rated sheathing sagged. Most mills quoted shipments for the week of April 18. In western Fir plywood, the pace of sales finished at or modestly below last week’s levels, and volumes were muted. The bulk of the week’s orders came from the West.

(f.o.b. mill prices)	This Week Apr 8	Last Week Apr 1	Year Ago 2015
Random Lengths Structural Panel Composite Price*	$360	$358	$371
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	370-393	373-397	435-495
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	373-397	375-400	440-500
Western 1/2-inch 4-ply rated sheathing plywood	369	365	422
North Central 7/16-inch Oriented Strand Board	242	235	180
*Weighted average of 11 key items

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

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