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 sales were sluggish, but tight supplies supported moderate price gains. Mills sales of OSB slowed, but prices maintained modest upward momentum on the strength of order files into late June. Southern Pine plywood trading took on a more measured tone to start the week, but mills nudged quotes higher after extending order files. Activity in western Fir plywood was slow to start the holiday-shortened week Sales picked up late Wednesday.

(f.o.b. mill prices)

(f.o.b. mill prices)	This Week Jun 1	Last Week May 25	Year Ago 2017
Random Lengths Structural Panel Composite Price*	$570	$566	$400
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	547-580	545-575	345-375
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	552-590	550-585	350-380
Western 1/2-inch 4-ply rated sheathing plywood	563	557	403
North Central 7/16-inch Oriented Strand Board	445	440	320
*Weighted average of 11 key items

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

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