U.S.: Softwood and Panel Markets - Week 34, 2014

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Used with permission granted by Random Lenghts Publications, Inc.
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Random Lengths Lumber Market Report
Trading of framing lumber slowed after Wednesday, as traders hit the exits or waited to take a fresh look at the market after the long holiday weekend. Many prices gained early, but upward momentum faded as the week progressed. Producers were supported by order files that often extended into mid-September, and many anticipated another push in demand from customers covering their fall needs. Some traders were less confident about the market’s post-holiday staying power.

 
Week
Aug 29
Week
Aug 22
Year Ago
2013
Random Lengths Framing Lumber Composite Price*
$409
$405
$350
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
368
367
328
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
459
455
420
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
347
350 305
Southern Pine (Westside) #2 2x4 R/L
499
492
366
KD Coast Hem-Fir Std&Btr 2x4 R/L
380
380
350
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
680
680
680
* Weighted average of 15 key items


Random Lengths Panel Market Report
Structural panel trading was cautious. As many traders anticipated, mill sales of OSB were quiet heading into the long holiday weekend. Prices in most regions were unchanged. Southern Pine plywood mills opened to steep counters to clear sheathing available for shipment the weeks of September 1 and 8. Producers, however, firmed quotes by late Wednesday after extending order files into mid-September. Western Fir plywood sales were measured, and prices were flat to down.

(f.o.b. mill prices)
Week
Aug 29
Week
Aug 22
Year Ago
2013
Random Lengths Structural Panel Composite Price*
$407
$409
$376
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 455-505
465-510
385-407
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
472-517
477-522
385-417
Western 1/2-inch 4-ply exterior sheathing plywood 488 510
395
North Central 7/16-inch Oriented Strand Board 222 220 243
*Weighted average of 11 key items
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