Trading in framing lumber turned bearish amid
thinning mill order files and fading consumption
in the field. Low expectations were widely held
with many traders attending the annual NAWLA
Traders Market in Las Vegas. Nonetheless, the
quiet tone of the market left traders looking
beyond the conference for answers to what has
been a disappointing October for many. The
Random Lengths Framing Lumber Composite Price
shed $6 for the week, finishing at $350.
| This Week Oct 28 |
Last Week Oct 21 |
Year Ago 2015 |
|
| Random Lengths Framing Lumber Composite Price* | $350 | $356 | $325 |
| KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 307 | 318 | 272 |
| KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 400 | 409 | 374 |
| Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 325 | 330 | 305 |
| Southern Pine (Westside) #2 2x4 R/L | 432 | 434 | 390 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L | 330 | 330 | 312 |
| Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 650 | 655 | 660 |
| * Weighted average of 15 key items | |||
Random Lengths Panel Market Report
Prices of structural panels lost ground as demand failed to keep
pace with supplies. OSB held in best, but weakness was still evident
in Western Canada and delivered markets in the West. Small discounts
were accepted there for loads that shipped in the week of November
7. Southern Pine and western Fir plywood mills opened to counters to
extend order files. Mild weather fueled brisk job site activity in
the South, but replacement purchases were hit and miss. The Random
Lengths Structural Panel Composite Price fell $4.
(f.o.b. mill prices)
| (f.o.b. mill prices) | This Week Oct 28 |
Last Week Oct 21 |
Year Ago 2015 |
| Random Lengths Structural Panel Composite Price* | $372 | $376 | $365 |
| Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 362-385 | 367-385 | 373-405 |
| Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 365-392 | 373-400 | 375-412 |
| Western 1/2-inch 4-ply rated sheathing plywood | 355 | 365 | 366 |
| North Central 7/16-inch Oriented Strand Board | 287 | 287 | 248 |
| *Weighted average of 11 key items | |||
