U.S.: Softwood and Panel Markets - Week 10, 2014

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Used with permission granted by Random Lenghts Publications, Inc.
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Random Lengths Lumber Market Report

Sales of framing lumber were uneven, and price trends were mixed. Weather and transportation remained focal points for many traders. Another storm hit the Midwest, Northeast, and Eastern Canada, blunting hopes for a seasonal pickup. Where drier and warmer temperatures prevailed, reports were mixed regarding a corresponding increase in sales; while some traders were encouraged, others were disappointed. Modest gains in Western S-P-F were narrowly offset by weakness in green Fir.

 
Week
Mar 14
Week
Mar 7
Year Ago
2013
Random Lengths Framing Lumber Composite Price*
$387
$388
$432
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
368
363
408
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
451
445
498
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
375
390 385
Southern Pine (Westside) #2 2x4 R/L
417
419
468
KD Coast Hem-Fir Std&Btr 2x4 R/L
405
405
435
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
735
765
590
* Weighted average of 15 key items


Random Lengths Panel Market Report
 
Structural panel prices were mixed. The toll of winter weather on demand was reflected in weakening prices for OSB, especially from Canadian producers. Those with loads available for quick shipment often took a more aggressive approach to sales. Southern Pine plywood prices were flat to up slightly in uneven trading. Thursday was a big day of sales for some traders. Western Fir plywood sales remained lethargic as more snow across the nation’s northern tier had buyers pondering their next move from the sidelines.

(f.o.b. mill prices)
Week
Mar 14
Week
Mar 7
Year Ago
2013
Random Lengths Structural Panel Composite Price*
$366
$367
$511
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 377-417
375-410
460-485
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
385-417
382-414
478-505
Western 1/2-inch 4-ply exterior sheathing plywood 388 390
447
North Central 7/16-inch Oriented Strand Board 215 215 430
*Weighted average of 11 key items
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