U.S.: Softwood and panel markets - Week 13, 2018

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Random Lengths
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A mix of trends in prices of framing lumber emerged across producing regions. Trends varied based on species, product groups, and even volumes sold. Gains were most pronounced in Western S-P-F, with #2&Btr 2x4 standing out; mill prices surged $20-30 for the week. Prices of green Douglas Fir, which had bounced off lows the previous week, flattened, while double-digit price moves in either direction were posted in Coast dry framing. Myriad factors pulled Southern Pine in both directions, as well.

  This Week
Apr 6
Last Week
Mar 30
Year Ago
2017
Random Lengths Framing Lumber Composite Price* $492 $489 $414
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 540 515 392
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 612 602 458
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 540 537 377
Southern Pine (Westside) #2 2x4 R/L 564 577 478
KD Coast Hem-Fir #2&Btr 2x4 R/L 535 525 410
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 750 750 635
* Weighted average of 15 key items

 Random Lengths Panel Market Report

Price declines outnumbered gains in structural panel markets. Sales of OSB were modest in most regions, and prices adjusted in both directions. Buyers in the South confined purchases to immediate needs, citing concern about near-term downside risk. Southern Pine plywood trading was mixed and increasingly dependent on situational circumstances such as order volumes and destinations. Western Fir plywood trading was sluggish and sheathing prices were sloppy.

0.(f.o.b. mill prices) This Week
Apr 6
Last Week
Mar 30
Year Ago
2017
Random Lengths Structural Panel Composite Price* $532 $538 $410
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 500-545 515-560 365-395
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 505-550 520-565 370-400
Western 1/2-inch 4-ply rated sheathing plywood 529 534 415
North Central 7/16-inch Oriented Strand Board 405 405 320
*Weighted average of 11 key items

 

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