U.S. lumber and panel market reports-20171110

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U.S. lumber and panel market reports

November 10, 2017

U.S.: Lumber and panel market report ---- Week 45 2017

Random Lengths Lumber Market Report

Price trends in framing lumber were mixed by species, but gainers outnumbered losers, and activity still trumped the seasonal norm. Demand was steady to brisk early in the week, especially in Western S-P-F and whitewood species in the Coast and Inland. Activity hit a lull from Wednesday on as the NAWLA Traders Market in Chicago drew a large number of traders away from their offices. Steady demand in the early fall, along with voids in the distribution system left by Canada’s reduced shipments to the U.S. in the third quarter, kept buyers scrambling for coverage.

	This Week Nov 10	Last Week Nov 3	Year Ago 2016
Random Lengths Framing Lumber Composite Price*	$436	$431	$344
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	490	467	305
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	561	559	392
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	455	457	318
Southern Pine (Westside) #2 2x4 R/L	416	405	425
KD Coast Hem-Fir #2&Btr 2x4 R/L	485	475	325
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	725	725	635
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel prices plummeted further. Despite a third straight week of double-digit discounts, OSB producers continued to search for levels that would pull buyers off the sidelines and solidify order files. Downward pressure on Southern Pine rated sheathing prices was unrelenting. Distributors and dealers confined purchases to absolute necessities. Prompt shipment was essential in most negotiations. Western Fir plywood sales were slow but steady, tapering off as the week progressed.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Nov 10 Last Week
Nov 3 Year Ago
2016

Random Lengths Structural Panel Composite Price* $486 $509 $364

Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 455-510 475-520 348-378

Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 460-515 480-525 350-380

Western 1/2-inch 4-ply rated sheathing plywood 468 482 337

North Central 7/16-inch Oriented Strand Board 410 440 287

*Weighted average of 11 key items

(Source: Used with permission granted by Random Lenghts Publications, Inc.)

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