U.S. lumber and panel market reports-20131014

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U.S. lumber and panel market reports

October 21, 2013

U.S.: Lumber and panel market report ---- Week 43 2013

Random Lengths Lumber Market Report

Holidays in the U.S. and Canada contributed to a slow start, but an upward surge in futures Wednesday and Thursday pulled in buyers to cover shorts and replenish depleted inventories. The action was sufficient to wipe out early weakness in most framing lumber species. Many prices finished the week about equal to or modestly above their starting points. The Random Lengths Framing Lumber Composite Price was unchanged at $383.

This Week
Oct 18

Last Week
Oct 11

Year Ago
2012

Random Lengths Framing Lumber Composite Price*

$383

$383

$320

KD Western S-P-F #2&Btr 2x4 R/L Mill Price

363

355

302

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes

460

455

396

Green Douglas Fir Std&Btr 2x4 R/L (Portland)

317

320

263

Southern Pine (Westside) #2 2x4 R/L

419

419

362

KD Coast Hem-Fir #2&Btr 2x4 R/L

370

365

300

Ponderosa Pine (Inland) #2&Btr 1x12 R/L

760

745

503

* Weighted average of 15 key items

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Random Lengths Panel Market Report

Structural panel trading was lethargic, and prices lost ground. Most traders described the OSB market as a standoff. Sales were sluggish, and producers held to their quotes. Southern Pine plywood prices softened, and the tone of the market grew more bearish toward the end of the week. Mill sales were heavy to truckload volumes. Western Fir plywood prices slipped in an uneven week of trading. Buyers largely remained on the sidelines and bought bare minimum quantities.

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(f.o.b. mill prices)	This Week Oct 18	Last Week Oct 11	Year Ago 2012
Random Lengths Structural Panel Composite Price*	$381	$387	$404
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	380-400	390-415	398-415
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	385-410	395-420	398-430
Western 1/2-inch 4-ply rated sheathing plywood	402	416	370
North Central 7/16-inch Oriented Strand Board	264	264	302
*Weighted average of 11 key items

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

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