Weekly Lumber and Panel Market Report: April 29, 2016

Random Lengths Lumber Market Report

Sales of framing lumber varied among species and producing regions. The cash market in Western S-P-F got a shot in the arm from strength in futures, and transportation hang-ups related to a rail trestle in Alberta that was destroyed by fire. Eastern S-P-F producers also caught the wave of increased activity. Elsewhere, trading was mixed, with the pace slowing in Southern Pine and trading in western species described as a grind. All told, the Random Lengths Framing Lumber Composite Price rose $4.

This Week
Apr 29
Last Week
Apr 22
Year Ago
2015
Random Lengths Framing Lumber Composite Price*$350$346$327
KD Western S-P-F #2&Btr 2×4 R/L Mill Price298284249
KD Eastern S-P-F #1&2 2×4 R/L, delivered Great Lakes385370350
Green Douglas Fir Std&Btr 2×4 R/L (Portland)327320290
Southern Pine (Westside) #2 2×4 R/L427421397
KD Coast Hem-Fir #2&Btr 2×4 R/L380380300
Ponderosa Pine (Inland) #2&Btr 1×12 R/L695690670
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel sales gained momentum. Extended order files and steady demand kept prices of OSB on a firm-to-higher track. Activity was best in western markets, where reports of coming downtime and recent production issues in Western Canada kept buyers replenishing. After a slow start to the week, Southern Pine plywood sales showed more life Wednesday and Thursday, and the market finished with a better tone. A late-week pickup in activity firmed western Fir sheathing prices, with a few producers lifting quotes by around $5 Friday.

(f.o.b. mill prices)This Week
Apr 29
Last Week
Apr 22
Year Ago
2015
Random Lengths Structural Panel Composite Price*$358$355$360
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood355-375353-370418-460
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood358-377353-372420-465
Western 1/2-inch 4-ply rated sheathing plywood343345392
North Central 7/16-inch Oriented Strand Board250247175
*Weighted average of 11 key items

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