U.S.: Softwood and Panel Markets - Week 7, 2014

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Used with permission granted by Random Lenghts Publications, Inc.
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Random Lengths Lumber Market Report
While sales picked up on Thursday, most framing lumber prices finished the week lower. Widespread bad weather was a constraint, and figured prominently in traders’ attitudes and approaches to the market. Some trading offices on the East Coast were closed on Thursday, as another winter storm moved up the Eastern Seaboard. Even so, forecasts for warmer temperatures next week raised hope in many, and confidence in some, that better weather would free pent-up demand.

 
Week
Feb 14
Week
Feb 7
Year Ago
2013
Random Lengths Framing Lumber Composite Price*
$389
$397
$408
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
362
366
390
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
455
461
478
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
380
385 373
Southern Pine (Westside) #2 2x4 R/L
431
442
461
KD Coast Hem-Fir Std&Btr 2x4 R/L
395
395
420
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
775
785
555
* Weighted average of 15 key items


Random Lengths Panel Market Report
Structural panel trading was more active despite severe winter weather in some regions. Mill sales of OSB increased slightly from the previous week, but weather- and transportation-related issues remained at the forefront of traders’ minds. For a week dominated by bad weather, sales at most Southern Pine plywood mills were surprisingly brisk. By Friday morning, snow and ice were melting across most of the storm-affected areas. In western Fir plywood, activity picked up through the week, and mills edged quotes upward on stronger demand.

(f.o.b. mill prices)
Week
Feb 14
Week
Feb 7
Year Ago
2013
Random Lengths Structural Panel Composite Price*
$358
$357
$507
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 365-399
360-390
440-455
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
367-400
362-390
467-480
Western 1/2-inch 4-ply exterior sheathing plywood 370 362
465
North Central 7/16-inch Oriented Strand Board 215 215 425
*Weighted average of 11 key items
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