| Random Lengths Lumber Market
Report
The downward trajectory of framing lumber prices persisted, but the
tone of the market changed with a jump in futures on Thursday. The
move in futures drew in wholesaler short covering and prompted some
buyers to place replenishment orders. The overall reaction was widely
described as cautious, and traders said they would be watching closely
for follow-through. The Random Lengths Framing Lumber Composite Price
slid $13 for the week, its eighth consecutive weekly drop.
| |
This Week
May 31 |
Last Week
May 24 |
Year Ago
2012 |
| Random Lengths Framing Lumber
Composite Price* |
$348 |
$361 |
$343 |
| KD Western S-P-F #2&Btr 2x4 R/L
Mill Price |
298 |
320 |
309 |
| KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
409 |
426 |
406 |
| Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
305 |
322 |
247 |
| Southern Pine (Westside) #2 2x4 R/L |
360 |
378 |
360 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L |
335 |
350 |
325 |
| Ponderosa Pine (Inland) #2&Btr
1x12 R/L |
600 |
605 |
590 |
| * Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel prices continued to retreat. OSB prices were in
disarray as producers came to the market with varying sales
strategies. Those with loads available for quick shipment sometimes
sold block volumes at steep discounts. Southern Pine plywood prices
continued to weaken in spotty trading. Inventories at the retail
level were often down to the gravel, but buyers felt no inclination
to alter their just-in-time purchasing strategies. Western Fir
plywood prices fell as mills lowered quotes to keep inventories from
piling up.
| (f.o.b. mill prices) |
This Week
May 31 |
Last Week
May 24 |
Year Ago
2012 |
| Random Lengths Structural Panel
Composite Price* |
$436 |
$452 |
$367 |
| Southern (west-east) 15/32-inch 3-ply
rated sheathing plywood |
410-450 |
430-470 |
385-400 |
| Southern (west-east) 15/32-inch 4-ply
rated sheathing plywood |
420-455 |
435-475 |
390-410 |
| Western 1/2-inch 4-ply rated
sheathing plywood |
385 |
400 |
392 |
| North Central 7/16-inch Oriented
Strand Board |
340 |
355 |
248 |
| *Weighted average of 11 key items |
(Source: Used with permission granted by Random Lenghts Publications, Inc.)
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