Trading of US framing lumber slowed last week, but momentum carrying over from the previous week pushed many prices higher. Upward pressure eased as the week progressed. Buyers digested higher prices and order files that often pushed out into late February and early March. Wintry weather in some markets and the sinking stock market in the U.S. were cited as additional factors limiting follow-through from the previous two weeks’ action. The Random Lengths Framing Lumber Composite Price gained $4.
This Week Feb 12 |
Last Week Feb 5 |
Year Ago 2015 |
|
Random Lengths Framing Lumber Composite Price* | $313 | $309 | $363 |
KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 260 | 255 | 322 |
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 360 | 359 | 425 |
Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 308 | 300 | 315 |
Southern Pine (Westside) #2 2x4 R/L | 383 | 385 | 430 |
KD Coast Hem-Fir #2&Btr 2x4 R/L | 298 | 298 | 335 |
Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 665 | 660 | 665 |
* Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel sales were mixed, but prices generally held. A flurry of activity last week helped OSB producers build order files, and prices in most regions found a bottom. Carryover this week was mixed. Steady sales allowed Southern Pine plywood producers to maintain order files of one to two weeks, and prices were on an even keel. Most orders were for truckloads. The pace and sentiment in the western Fir plywood market varied among producers in an uneven week of trading.
(f.o.b. mill prices) | This Week Feb 12 |
Last Week Feb 5 |
Year Ago 2015 |
Random Lengths Structural Panel Composite Price* | $343 | $343 | $379 |
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 365-393 | 363-393 | 432-470 |
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 370-393 | 370-393 | 435-480 |
Western 1/2-inch 4-ply rated sheathing plywood | 337 | 334 | 418 |
North Central 7/16-inch Oriented Strand Board | 213 | 213 | 195 |
*Weighted average of 11 key items |