U.S. lumber and panel market reports-20180601

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U.S. lumber and panel market reports

June 01, 2018

U.S.: Lumber and panel market report ---- Week 22 2018

Random Lengths Lumber Market Report

After roaring into the Memorial Day holiday, the framing lumber market was slow to shake off a malaise from the long weekend in the U.S. Prices continued to post gains, but at a more gradual rate compared to earlier weeks in May. Resistance to record prices, credit limits, and fear of downside risk were among many reasons cited for holding back to reassess prospects going into June. Nonetheless, more modest gains pushed the Random Lengths Framing Lumber Composite Price to a new high of $582.

	This Week Jun 1	Last Week May 25	Year Ago 2017
Random Lengths Framing Lumber Composite Price*	$582	$578	$402
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	655	653	366
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	725	722	460
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	605	605	390
Southern Pine (Westside) #2 2x4 R/L	602	600	442
KD Coast Hem-Fir #2&Btr 2x4 R/L	660	655	395
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	770	765	695
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel trading faded as the Memorial Day weekend approached. Sales of OSB slowed, especially late in the week. Prices were firm to higher, however, with mill order files typically extending into mid- to late June. Southern Pine plywood sales tapered moderately ahead of the holiday weekend and amid increased buyer resistance to prices. Even so, steady demand persisted, and mills extended order files. Activity in western Fir plywood was steady early, but most traders reported an ebbing pace by Thursday as offices cleared for the long holiday weekend.

(f.o.b. mill prices)

(f.o.b. mill prices)	This Week May 25	Last Week May 18	Year Ago 2017
Random Lengths Structural Panel Composite Price*	$566	$557	$404
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	545-575	540-575	345-375
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	550-585	545-580	350-380
Western 1/2-inch 4-ply rated sheathing plywood	557	547	406
North Central 7/16-inch Oriented Strand Board	440	430	323
*Weighted average of 11 key items

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

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