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U.S. lumber and panel market reports

 July 27, 2018
U.S.: Lumber and panel market report ---- Week 30 2018
Random Lengths Lumber Market Report

Framing lumber prices have been on a downhill slide since reaching record highs in early June. But the severity of discounts accelerated this week as mill inventories mounted. The Random Lengths Framing Lumber Composite Price registered its seventh straight decline, and this week’s $24 drop was the largest since 2004. With order files evaporated at many mills, producers aggressively reached out to their customers in search of price levels that would book orders. The overall trading pace improved slightly from recent weeks, but was far from enough to stem the bleeding. 

 

 

 

  This Week
Jul 27		 Last Week
Jul 20		 Year Ago
2017
Random Lengths Framing Lumber Composite Price* $491 $515 $428
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 525 555 414
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 616 640 505
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 495 540 480
Southern Pine (Westside) #2 2x4 R/L 458 483 385
KD Coast Hem-Fir #2&Btr 2x4 R/L 530 570 435
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 685
* Weighted average of 15 key items






Random Lengths Panel Market Report

Structural panel prices plunged as supplies overwhelmed demand. Prices of OSB continued to plummet, and most regions eroded to levels reported at the beginning of the year, if not earlier. Price cuts were most severe in the South. Another week of slow Southern Pine plywood sales sustained the downward trend in prices. Mills struggled to secure orders without accepting counters. Recent trends persisted in western Fir plywood. Trading was quiet and largely confined to truckload sales along the West Coast.

 

 

(f.o.b. mill prices) This Week
Jul 27		 Last Week
Jul 20		 Year Ago
2017
Random Lengths Structural Panel Composite Price* $479 $502 $454
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 435-475 455-495 380-405
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 440-480 460-500 385-410
Western 1/2-inch 4-ply rated sheathing plywood 505 515 502
North Central 7/16-inch Oriented Strand Board 370 395 405
*Weighted average of 11 key items




 

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

 

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