Prices of framing lumber continued to strengthen
amid steady consumption across the continent. A
third consecutive week of price appreciation
surprised some traders who had anticipated a
mid-summer lull. But despite summer heat that
beat down activity in the Midwest and Southeast,
supplies overall flowed smoothly through the
pipeline. Seasonal mill shutdowns in Eastern
Canada limited supplies. The Random Lengths
Framing Lumber Composite Price rose $5, to $357.
| This Week Jul 22 |
Last Week Jul 15 |
Year Ago 2015 |
|
| Random Lengths Framing Lumber Composite Price* | $357 | $352 | $344 |
| KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 329 | 324 | 302 |
| KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 427 | 423 | 386 |
| Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 353 | 353 | 352 |
| Southern Pine (Westside) #2 2x4 R/L | 399 | 389 | 332 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L | 352 | 357 | 338 |
| Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 705 | 705 | 670 |
| * Weighted average of 15 key items | |||
Random Lengths Panel Market Report
Prices of structural panels were mixed, with OSB and western Fir
plywood posting increases. Partly due to offshore imports, prices of
Southern Pine plywood softened. The strongest increases were posted
in OSB. Double-digit gains were registered despite sweltering
temperatures. Mill order files pushed mostly into mid-August.
Activity in western plywood slowed compared to previous weeks, but
prices continued to rise, albeit at a more measured pace. Some
southern mills discounted their offerings to sell next week’s
shipping schedule.
(f.o.b. mill prices)
| (f.o.b. mill prices) | This Week Jul 22 |
Last Week Jul 15 |
Year Ago 2015 |
| Random Lengths Structural Panel Composite Price* | $396 | $391 | $352 |
| Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 378-407 | 378-407 | 380-420 |
| Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 378-415 | 382-417 | 382-420 |
| Western 1/2-inch 4-ply rated sheathing plywood | 421 | 417 | 393 |
| North Central 7/16-inch Oriented Strand Board | 306 | 298 | 197 |
| *Weighted average of 11 key items | |||
