U.S. lumber and panel market reports-20190628

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U.S. lumber and panel market reports

June 28, 2019

U.S.: Lumber and panel market report ---- Week 26 2019

Random Lengths Lumber Market Report

The frenzied pace of trading in many framing lumber species in recent weeks gave way to a calmer tone, although last week’s surge followed through in Southern Pine. Trading in many species shifted to the secondary level, where wholesalers and distributors were focused on selling from inventories built up in the recent rally. Sticker shock among retailers was a factor, as were the holidays next week in Canada and the U.S. The Random Lengths Framing Lumber Composite Price rose $9, led by gains in Southern Pine.

	This Week Jun 28	Last Week Jun 21	Year Ago 2018
Random Lengths Framing Lumber Composite Price*	$354	$345	$547
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	392	390	590
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	460	445	680
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	338	323	565
Southern Pine (Westside) #2 2x4 R/L	351	332	544
KD Coast Hem-Fir #2&Btr 2x4 R/L	387	378	600
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	855	860	775
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel prices gained ground amid mixed trends in overall trading. OSB sales slowed from last week’s rapid pace, but prices in northern regions posted increases for the second consecutive week. In Southern Pine plywood, a perception of bottoming prices combined with emerging needs fueled steady trading and kept prices on mostly firm footing. After months of dull trading, sloppy prices, and little confidence in the western Fir plywood market, traders sensed a better tone. Canadian plywood trading picked up later in the week.

(f.o.b. mill prices)	This Week Jun 28	Last Week Jun 21	Year Ago 2018
Random Lengths Structural Panel Composite Price*	$342	$334	$553
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	340-380	340-380	510-545
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	345-385	345-385	515-550
Western 1/2-inch 4-ply rated sheathing plywood	355	352	547
North Central 7/16-inch Oriented Strand Board	200	182	445
*Weighted average of 11 key items

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

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