| Random Lengths Lumber Market
Report
January remained a bear in framing lumber markets. Prices continued
to soften as measured demand and growing inventories prompted mills to
take a more aggressive approach to sales. Most producers remained
confident that their customers needed to buy, but were waiting for
prices to find a bottom. A pickup in sales Wednesday had traders
debating whether a bottom was at hand. With all key framing species
giving ground, the Random Lengths Framing Lumber Composite Price fell
$10, to $367.
| |
This Week
Jan 23 |
Last Week
Jan 16 |
Year Ago
2014 |
| Random Lengths Framing Lumber Composite
Price* |
$367 |
$377 |
$404 |
| KD Western S-P-F #2&Btr 2x4 R/L Mill
Price |
312 |
321 |
376 |
| KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
418 |
430 |
471 |
| Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
305 |
310 |
400 |
| Southern Pine (Westside) #2 2x4 R/L |
440 |
456 |
448 |
| KD Coast Hem-Fir #2&Btr 2x4 R/L |
335 |
342 |
404 |
| Ponderosa Pine (Inland) #2&Btr 1x12
R/L |
665 |
665 |
805 |
| * Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel sales were lackluster. Prices of OSB slowly
eroded across all producing zones, as supplies outstripped demand.
Large, block deals were a rarity, but several producers had loads
available for quick shipment. Southern Pine plywood sales were so-so
for most producers. A few reported a mild pickup, helped by price
concessions. Demand for western Fir plywood remained feeble,
although pockets of activity emerged in the latter half of the week.
| (f.o.b. mill prices) |
This Week
Jan 23 |
Last Week
Jan 16 |
Year Ago
2014 |
| Random Lengths Structural Panel
Composite Price* |
$379 |
$388 |
$360 |
| Southern (west-east) 15/32-inch 3-ply
rated sheathing plywood |
430-460 |
443-470 |
360-395 |
| Southern (west-east) 15/32-inch 4-ply
rated sheathing plywood |
430-460 |
445-475 |
360-395 |
| Western 1/2-inch 4-ply rated sheathing
plywood |
395 |
410 |
365 |
| North Central 7/16-inch Oriented Strand
Board |
197 |
202 |
222 |
| *Weighted average of 11 key items |
(Source: Used with permission granted by Random Lenghts Publications, Inc.)
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