U.S.: Softwood and Panel Markets - Week 42, 2014

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Used with permission granted by Random Lenghts Publications, Inc.
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Random Lengths Lumber Market Report
Buyers of framing lumber turned more bearish. Many put away their purchase order books or limited buying to essential items, sensing overall production was outstripping slower seasonal demand. Views of the market varied, however, and markets still enjoying decent weather continued to generate fair demand for at least cautious replenishment. Price trends were also mixed, but declines outpaced gains, and the Random Lengths Framing Lumber Composite Price slipped $3, to $381.

 
Week
Oct 24
Week
Oct 17
Year Ago
2013
Random Lengths Framing Lumber Composite Price*
$381
$384
$381
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
343
352
366
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
441
454
464
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
315
322 322
Southern Pine (Westside) #2 2x4 R/L
433
433
414
KD Coast Hem-Fir Std&Btr 2x4 R/L
360
365
372
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
675
675
770
* Weighted average of 15 key items


Random Lengths Panel Market Report
Structural panel sales were active. OSB traders stirred late in the week, showing more willingness to pad inventories after a couple major producers pulled off the market to evaluate conditions and raw material availability. The Southern Pine plywood market hummed along. Sales outpaced production by a slight margin, allowing mills to extend order files. Western Fir plywood mills booked another week of production, and prices finished flat.

(f.o.b. mill prices)
Week
Oct 24
Week
Oct 17
Year Ago
2013
Random Lengths Structural Panel Composite Price*
$414
$412
$377
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 455-515
454-515
370-390
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
482-518
480-518
370-395
Western 1/2-inch 4-ply exterior sheathing plywood 480 480
388
North Central 7/16-inch Oriented Strand Board 222 222 264
*Weighted average of 11 key items
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