Simple supply and demand were in the background
of a convoluted framing lumber market. Of
immediate concern to those on the Eastern
Seaboard was the approach of Hurricane Matthew,
a Category 4 storm that was expected to make
first landfall in the U.S. along the coast of
Florida. Next week’s end of the standstill
period under the expired Softwood Lumber
Agreement was a factor, as well, as it marks the
point at which U.S. interests could file a trade
case against Canada.
| This Week Oct 7 |
Last Week Sep 30 |
Year Ago 2015 |
|
| Random Lengths Framing Lumber Composite Price* | $358 | $356 | $299 |
| KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 325 | 321 | 240 |
| KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 414 | 411 | 343 |
| Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 332 | 332 | 295 |
| Southern Pine (Westside) #2 2x4 R/L | 431 | 424 | 329 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L | 330 | 327 | 303 |
| Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 670 | 675 | 660 |
| * Weighted average of 15 key items | |||
Random Lengths Panel Market Report
Structural panel sales hit a higher gear late in the week after
a slow start. OSB sales picked up as Hurricane Matthew tracked
toward the Atlantic Coast of Florida. Prices strengthened in the
South, but the increases were limited to single digits. Southern
Pine plywood sales were slow out of the gate Monday, but the market
surged starting Tuesday as the storm approached. Western Fir plywood
prices dropped early in the week, then firmed in late trading.
(f.o.b. mill prices)
| (f.o.b. mill prices) | This Week Oct 7 |
Last Week Sep 30 |
Year Ago 2015 |
| Random Lengths Structural Panel Composite Price* | $375 | $373 | $351 |
| Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 355-380 | 340-370 | 360-395 |
| Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 360-390 | 340-370 | 360-390 |
| Western 1/2-inch 4-ply rated sheathing plywood | 385 | 395 | 370 |
| North Central 7/16-inch Oriented Strand Board | 287 | 292 | 225 |
| *Weighted average of 11 key items | |||
