U.S. lumber and panel market reports-20190222

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U.S. lumber and panel market reports

February 22, 2019

U.S.: Lumber and panel market report ---- Week 8 2019

Random Lengths Lumber Market Report

Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing inclement weather as the primary factor. Another snowstorm sweeping across the Midwest and Northeast kept those regions in the deep freeze, while rain continued to drown out demand in the South. Holidays Monday in both the U.S. and Canada got the week off to a slow start, and trading failed to gain momentum. The Random Lengths Framing Lumber Composite Price held, putting an end to a five-week run of gains.

	This Week Feb 22	Last Week Feb 15	Year Ago 2018
Random Lengths Framing Lumber Composite Price*	$377	$377	$509
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	398	410	540
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	469	471	619
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	297	302	600
Southern Pine (Westside) #2 2x4 R/L	429	422	567
KD Coast Hem-Fir #2&Btr 2x4 R/L	405	405	560
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	820	815	740
* Weighted average of 15 key items

Random Lengths Panel Market Report

Frigid, rainy weather stifled structural panel trading through most of North America. Equilibrium between supply and demand remained intact in OSB, and prices were unchanged. Winter weather dulled demand in key consuming regions. Southern Pine plywood trading was muted, but some mills commanded modest premiums on rated sheathing. Diminished production also kept some prices on a slight upward trajectory. A stagnant sales pace prevailed in western Fir plywood.

(f.o.b. mill prices)	This Week Feb 22	Last Week Feb 15	Year Ago 2018
Random Lengths Structural Panel Composite Price*	$378	$377	$534
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	385-407	380-405	530-575
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	390-417	385-415	535-580
Western 1/2-inch 4-ply rated sheathing plywood	379	379	549
North Central 7/16-inch Oriented Strand Board	215	215	395
*Weighted average of 11 key items

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

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