U.S.: Softwood and Panel Markets - Week 48, 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 of framing lumber fell short of robust, many traders noted that they were better than expected for early December. While there were skeptics, others were upbeat about near-term prospects, as they had customers making inquiries but showing concern about the timing of placing orders. Price trends pointed downward at the start of the week in various species, but many finished on firmer footing. Gains in Southern Pine were key in pushing the Random Lengths Framing Lumber Composite Price up $2.

 
Week
Dec 5
Week
Nov 26
Year Ago
2013
Random Lengths Framing Lumber Composite Price*
$366
$364
$388
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
332
334
358
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
425
425
461
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
315
313 323
Southern Pine (Westside) #2 2x4 R/L
416
407
426
KD Coast Hem-Fir Std&Btr 2x4 R/L
342
340
382
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
675
675
835
* Weighted average of 15 key items


Random Lengths Panel Market Report
Structural panel prices drifted lower amid lackluster trading. With most OSB buyers unwilling to purchase loads that would arrive before year-end, producers with quick shipments struggled to book orders. Southern Pine plywood prices edged downward, but larger discounts available earlier in the week had largely dried up by Friday morning. Demand for western Fir plywood was steady, but punctuated by a flurry of activity around midweek. Prices finished flat after mills took discounts in early trading.

(f.o.b. mill prices)
Week
Dec 5
Week
Nov 26
Year Ago
2013
Random Lengths Structural Panel Composite Price*
$390
$395
$363
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 445-480
445-485
370-405
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
447-482
450-487
372-410
Western 1/2-inch 4-ply exterior sheathing plywood 415 415
370
North Central 7/16-inch Oriented Strand Board 204 215 230
*Weighted average of 11 key items
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