With trading off to a steady start through
midweek, sales of framing lumber hit a higher
gear on Thursday and pushed prices sharply
higher. Gains well into double digits were
common, and mills tested additional increases
through Thursday. Canadian S-P-F mills were a
catalyst, as they pulled off the market or hiked
quotes on concern that any February stateside
shipments could be subject to duties
retroactively under the current trade
investigation (see Through a Knothole).
| This Week Feb 3 |
Last Week Jan 27 |
Year Ago 2016 |
|
| Random Lengths Framing Lumber Composite Price* | $366 | $355 | $309 |
| KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 338 | 311 | 255 |
| KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 412 | 400 | 359 |
| Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 350 | 345 | 300 |
| Southern Pine (Westside) #2 2x4 R/L | 436 | 426 | 385 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L | 367 | 355 | 298 |
| Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 585 | 590 | 660 |
| * Weighted average of 15 key items | |||
Random Lengths Panel Market Report
Structural panel trading gained steam after a slow start. Sales
of OSB accelerated sharply on Wednesday, and many producers reported
their strongest week of volume in months. By Friday, mill order
files were mostly into late February. Southern Pine plywood trading
gained momentum Wednesday as supplies of rated sheathing tightened.
Some producers pulled off the market and others increased quotes
sharply. The trading pace in western Fir plywood was steady to
active to start the week, and picked up on Wednesday.
(f.o.b. mill prices)
| (f.o.b. mill prices) | This Week Feb 3 |
Last Week Jan 27 |
Year Ago 2016 |
| Random Lengths Structural Panel Composite Price* | $371 | $363 | $343 |
| Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 365-380 | 350-375 | 363-393 |
| Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 365-380 | 350-375 | 370-393 |
| Western 1/2-inch 4-ply rated sheathing plywood | 386 | 357 | 334 |
| North Central 7/16-inch Oriented Strand Board | 270 | 270 | 213 |
| *Weighted average of 11 key items | |||
