Weekly Lumber and Panel Market Report: April 15, 2016

Random Lengths Lumber Market Report

Mixed price trends kept framing lumber traders off balance in mid-April. Gains were mostly secured in the Southern Pine market, with treaters, home centers, and truss manufacturers among the most active buyers. Prices softened in Western and Eastern S-P-F. In the West, the brisk sales pace of recent weeks moderated; prices of Hem Fir were firm, while weakness was prevalent in green and dry Douglas Fir. The Random Lengths Framing Lumber Composite Price fell for the first time in 11 weeks.

This Week
Apr 15
Last Week
Apr 8
Year Ago
2015
Random Lengths Framing Lumber Composite Price*$346$347$336
KD Western S-P-F #2&Btr 2×4 R/L Mill Price294308269
KD Eastern S-P-F #1&2 2×4 R/L, delivered Great Lakes384389369
Green Douglas Fir Std&Btr 2×4 R/L (Portland)325335295
Southern Pine (Westside) #2 2×4 R/L411400406
KD Coast Hem-Fir #2&Btr 2×4 R/L382378310
Ponderosa Pine (Inland) #2&Btr 1×12 R/L685685670
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel prices shifted in both directions amid a slower overall trading pace. Solid mill order files kept OSB prices on a firm to higher track, although sales slowed from the pace of previous weeks. Buyers took on a more cautious tone. In Southern Pine plywood markets, prices of rated sheathing softened. Activity at the retail and distribution levels was brisk, but eroding order files put pressure on mills to find trading levels. A slow week of trading at the mill level resulted in a few cracks appearing in western Fir plywood prices.

(f.o.b. mill prices)This Week
Apr 15
Last Week
Apr 8
Year Ago
2015
Random Lengths Structural Panel Composite Price*$359$360$369
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood360-385370-393430-487
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood363-390373-397435-490
Western 1/2-inch 4-ply rated sheathing plywood363369425
North Central 7/16-inch Oriented Strand Board247242180
*Weighted average of 11 key items

Source: Random Lengths, republished here with permission granted by the publisher.