| Random Lengths Lumber Market
Report
Framing lumber sales sputtered, dimming traders¨ hopes for a
strong start to the new year. The frigid air mass that invaded the
eastern two-thirds of the U.S. was a key reason for many to delay
purchases. But there were others. Early week weakness in the futures
market, and the discount to cash ahead of next week¨s close was
another factor. Some traders also wondered whether slumping oil prices
would impact the housing market, particularly in Texas, which has been
a housing and lumber-consuming juggernaut.
| |
This Week
Jan 9 |
Last Week
Dec 31 |
Year Ago
2014 |
| Random Lengths Framing Lumber Composite
Price* |
$383 |
$385 |
$394 |
| KD Western S-P-F #2&Btr 2x4 R/L Mill
Price |
336 |
340 |
372 |
| KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
442 |
442 |
463 |
| Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
312 |
317 |
378 |
| Southern Pine (Westside) #2 2x4 R/L |
465 |
465 |
436 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L |
345 |
345 |
390 |
| Ponderosa Pine (Inland) #2&Btr 1x12
R/L |
665 |
665 |
825 |
| * Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel markets got off to a sluggish start in the new
year. Freezing temperatures across a large portion of the U.S. and
Canada slowed jobsite activity and sales of OSB. Strength of the
U.S. dollar prompted Canadian producers to seek sales in the U.S.
The Southern Pine plywood market was slow to get into gear following
the year-end breaks. Buyers were cautious, purchasing only what they
had to have. Activity in western Fir plywood generally fell short of
most traders¨ expectations.
| (f.o.b. mill prices) |
This Week
Jan 9 |
Last Week
Dec 31 |
Year Ago
2014 |
| Random Lengths Structural Panel
Composite Price* |
$393 |
$394 |
$368 |
| Southern (west-east) 15/32-inch 3-ply
rated sheathing plywood |
447-475 |
447-484 |
372-410 |
| Southern (west-east) 15/32-inch 4-ply
rated sheathing plywood |
450-480 |
452-492 |
375-410 |
| Western 1/2-inch 4-ply rated sheathing
plywood |
422 |
420 |
378 |
| North Central 7/16-inch Oriented Strand
Board |
205 |
205 |
233 |
| *Weighted average of 11 key items |
(Source: Used with permission granted by Random Lenghts Publications, Inc.)
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