U.S. lumber and panel market reports-20180629

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U.S. lumber and panel market reports

June 29, 2018

U.S.: Lumber and panel market report ---- Week 26 2018

Random Lengths Lumber Market Report

Many framing lumber prices showed more stability after steep double-digit losses the previous two weeks. However, while some prices firmed, and even bounced off a bottom, a number of trends continued to point downward. Weakness was unabated in Southern Pine in particular, as buyers failed to absorb ample mill offerings. Losses in key commodities overall well outnumbered any gains, and the Random Lengths Framing Lumber Composite Price shed $7, a third straight weekly decline.

This Week
Jun 29 Last Week
Jun 22 Year Ago
2017

Random Lengths Framing Lumber Composite Price* $547 $554 $397

KD Western S-P-F #2&Btr 2x4 R/L Mill Price 590 582 374

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 680 686 470

Green Douglas Fir Std&Btr 2x4 R/L (Portland) 565 560 425

Southern Pine (Westside) #2 2x4 R/L 544 568 388

KD Coast Hem-Fir #2&Btr 2x4 R/L 600 615 400

Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 770 700

* Weighted average of 15 key items

Random Lengths Panel Market Report

Prices of structural panels softened, led by steep declines in OSB. Mills took a more aggressive approach to OSB sales at quarter-end, and prices of sheathing tumbled $20-40 in most regions. Weakness in the West bled into the South, where producers opened to deeper counters. Another week of subdued trading in Southern Pine plywood led some producers to negotiate steeper cuts, and rated sheathing prices dropped as much as $20. One western Fir producer took steeper discounts to sell volume east.

(f.o.b. mill prices)

(f.o.b. mill prices)	This Week Jun 29	Last Week Jun 22	Year Ago 2017
Random Lengths Structural Panel Composite Price*	$553	$565	$420
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	510-545	530-565	355-380
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	515-550	535-570	360-385
Western 1/2-inch 4-ply rated sheathing plywood	547	567	460
North Central 7/16-inch Oriented Strand Board	445	445	345
*Weighted average of 11 key items

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

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