U.S. lumber and panel market reports-20190809

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U.S. lumber and panel market reports

August 09, 2019

U.S.: Lumber and panel market report ---- Week 32 2019

Random Lengths Lumber Market Report

Framing lumber prices were flat to mildly mixed amid measured follow-through from last week’s more active finish in some species. Some traders reported a modestly stronger tone to the market, but sales volumes were not heavy. Trading was often described as a persistent grind. Moderate gains in Western S-P-F were offset by losses in other species, including Southern Pine. The Random Lengths Framing Lumber Composite Price slipped $1, a fourth consecutive weekly decline.

	This Week Aug 9	Last Week Aug 2	Year Ago 2018
Random Lengths Framing Lumber Composite Price*	$345	$346	$440
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	336	324	477
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	424	422	588
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	360	355	450
Southern Pine (Westside) #2 2x4 R/L	362	373	433
KD Coast Hem-Fir #2&Btr 2x4 R/L	360	365	485
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	850	850	775
* Weighted average of 15 key items

Random Lengths Panel Market Report

Sales were a grind in structural panels, which led to price erosion in a number of markets. Reported prices of OSB spanned a wide range. Mills in the South took a firmer approach in late trading, but sales at higher levels were minimal. Buyers of Southern Pine Plywood replenished sporadically, but amid a lack of urgency prices tumbled. An imbalance between supply and demand kept downward pressure on western plywood. Traders of Canadian plywood sensed the market was near a bottom, but sales remained elusive.

(f.o.b. mill prices)	This Week Aug 9	Last Week Aug 2	Year Ago 2018
Random Lengths Structural Panel Composite Price*	$331	$335	$461
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	310-335	320-345	475-515
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	315-340	325-350	480-520
Western 1/2-inch 4-ply rated sheathing plywood	345	350	522
North Central 7/16-inch Oriented Strand Board	218	218	415
*Weighted average of 11 key items

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

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