U.S.: Softwood and panel markets - Week 45, 2016

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Random Lengths
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Sales of framing lumber were more active than many traders had anticipated heading into the holiday-shortened week. Prices in various species were on the upswing through Tuesday, even as many traders in the U.S. filtered out of their offices. Last week’s faster pace and finish helped producers carry momentum into Monday, with mills holding or bolstering order files that extended into the weeks of December 5 and 12. Distributors focused on keeping active job sites supplied.

 

This Week
Nov 23

Last Week
Nov 18

Year Ago
2015

Random Lengths Framing Lumber Composite Price*

$349

$346

$316

KD Western S-P-F #2&Btr 2x4 R/L Mill Price

310

308

253

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes

395

392

357

Green Douglas Fir Std&Btr 2x4 R/L (Portland)

330

323

300

Southern Pine (Westside) #2 2x4 R/L

431

428

405

KD Coast Hem-Fir #2&Btr 2x4 R/L

332

330

320

Ponderosa Pine (Inland) #2&Btr 1x12 R/L

625

625

660

* Weighted average of 15 key items

 

Random Lengths Panel Market Report

Trends in structural panel trading were mixed in the holiday-shortened week. OSB prices headed into the Thanksgiving holiday in the U.S. with an upward tilt in most markets. Activity was strongest in the South, where bustling job site activity kept distributors in steady replenishment mode. Southern Pine plywood sales never quite took off as the holiday approached, but prices remained firm or moved upward in thicker rated sheathing panels. Western Fir plywood trading was slow Monday, but then picked up steam and stayed busy through Wednesday morning.

(f.o.b. mill prices)

(f.o.b. mill prices)

This Week
Nov 23

Last Week
Nov 18

Year Ago
2015

Random Lengths Structural Panel Composite Price*

$363

$364

$367

Southern (west-east) 15/32-inch 3-ply rated sheathing plywood

348-380

348-380

360-395

Southern (west-east) 15/32-inch 4-ply rated sheathing plywood

350-385

350-385

367-398

Western 1/2-inch 4-ply rated sheathing plywood

345

340

346

North Central 7/16-inch Oriented Strand Board

282

287

257

*Weighted average of 11 key items

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