Traders came back from the long holiday weekend
in the U.S. in a cautious mood. Weakness in
futures Tuesday to start the short workweek, and
more downside on Wednesday, contributed to the
quiet tone in framing lumber. However, Southern
Pine — running partly countercyclical to other
species — showed more spark despite heavy rains
in the key Texas market. With price trends
narrowly mixed, the Random Lengths Framing
Lumber Composite Price slipped $2, to $355.
| This Week Jun 3 |
Last Week May 27 |
Year Ago 2015 |
|
| Random Lengths Framing Lumber Composite Price* | $355 | $357 | $315 |
| KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 322 | 325 | 265 |
| KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 420 | 420 | 364 |
| Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 355 | 350 | 300 |
| Southern Pine (Westside) #2 2x4 R/L | 395 | 404 | 334 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L | 375 | 380 | 305 |
| Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 705 | 705 | 670 |
| * Weighted average of 15 key items | |||
Random Lengths Panel Market Report
Structural panel sales were lukewarm at best. Extended mill
order files allowed OSB producers in most regions to hold to their
quotes, as inquiries were light following the U.S. holiday. Sluggish
sales and eroding order files forced several Southern Pine plywood
producers to seek orders more aggressively. They did this Tuesday
and Wednesday by opening to counters of up to $20 on rated
sheathing. Sales of western Fir plywood held to a steady, mostly
uneventful pace.
(f.o.b. mill prices)
| (f.o.b. mill prices) | This Week Jun 3 |
Last Week May 27 |
Year Ago 2015 |
| Random Lengths Structural Panel Composite Price* | $376 | $377 | $367 |
| Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 360-378 | 362-382 | 410-442 |
| Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 360-380 | 365-385 | 415-442 |
| Western 1/2-inch 4-ply rated sheathing plywood | 370 | 368 | 407 |
| North Central 7/16-inch Oriented Strand Board | 280 | 280 | 203 |
| *Weighted average of 11 key items | |||
