| Random Lengths Lumber Market
Report
Spotty sales of framing lumber failed to keep up with mill output,
and softening prices left the market¨s tone bearish. The sluggish
pace disappointed many traders who had taken positions in anticipation
of a faster start to the year. Recent frigid weather, while
moderating, was one factor. Weakness in futures ahead of the January
contract close on Thursday also kept buyers on their heels. Softness
in all key framing lumber species resulted in a $6 drop in the Random
Lengths Framing Lumber Composite Price.
|
|
This Week
Jan 16
|
Last Week
Jan 9
|
Year Ago
2014
|
|
Random Lengths Framing Lumber Composite Price*
|
$377
|
$383
|
$400
|
|
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
|
321
|
336
|
376
|
|
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great
Lakes
|
430
|
442
|
468
|
|
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
|
310
|
312
|
395
|
|
Southern Pine (Westside) #2 2x4 R/L
|
456
|
465
|
441
|
|
KD Coast Hem-Fir #2&Btr 2x4 R/L
|
342
|
345
|
398
|
|
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
|
665
|
665
|
815
|
|
* Weighted average of 15 key items
|
Random Lengths Panel Market Report
Weak demand exerted downward pressure on structural panel prices.
Price softness enveloped most OSB markets in North America, as thin
mill order files prompted producers to take a more aggressive
approach to sales. Southern Pine plywood sales were a grind as
buyers limited their purchases to specified needs. Secondaries
seeking to clear their lists provided stiff price competition for
mills. Western Fir plywood sales were mixed, but it took some doing
for mills to pry orders from customers.
|
(f.o.b. mill prices)
|
This Week
Jan 16
|
Last Week
Jan 9
|
Year Ago
2014
|
|
Random Lengths Structural Panel Composite Price*
|
$388
|
$393
|
$364
|
|
Southern (west-east) 15/32-inch 3-ply rated
sheathing plywood
|
443-470
|
447-475
|
370-405
|
|
Southern (west-east) 15/32-inch 4-ply rated
sheathing plywood
|
445-475
|
450-480
|
370-405
|
|
Western 1/2-inch 4-ply rated sheathing plywood
|
410
|
422
|
367
|
|
North Central 7/16-inch Oriented Strand Board
|
202
|
205
|
225
|
|
*Weighted average of 11 key items
|
(Source: Used with permission granted by Random Lenghts Publications, Inc.)
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