U.S.: Softwood and panel markets - Week 32, 2019

August 12, 2019
Random Lengths
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Framing lumber prices were flat to mildly mixed amid measured follow-through from last week’s more active finish in some species. Some traders reported a modestly stronger tone to the market, but sales volumes were not heavy. Trading was often described as a persistent grind. Moderate gains in Western S-P-F were offset by losses in other species, including Southern Pine. The Random Lengths Framing Lumber Composite Price slipped $1, a fourth consecutive weekly decline.

  This Week
Aug 9
Last Week
Aug 2
Year Ago
Random Lengths Framing Lumber Composite Price* $345 $346 $440
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 336 324 477
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 424 422 588
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 360 355 450
Southern Pine (Westside) #2 2x4 R/L 362 373 433
KD Coast Hem-Fir #2&Btr 2x4 R/L 360 365 485
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 850 850 775
* Weighted average of 15 key items



Random Lengths Panel Market Report

Sales were a grind in structural panels, which led to price erosion in a number of markets. Reported prices of OSB spanned a wide range. Mills in the South took a firmer approach in late trading, but sales at higher levels were minimal. Buyers of Southern Pine Plywood replenished sporadically, but amid a lack of urgency prices tumbled. An imbalance between supply and demand kept downward pressure on western plywood. Traders of Canadian plywood sensed the market was near a bottom, but sales remained elusive.

(f.o.b. mill prices) This Week
Aug 9
Last Week
Aug 2
Year Ago
Random Lengths Structural Panel Composite Price* $331 $335 $461
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 310-335 320-345 475-515
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 315-340 325-350 480-520
Western 1/2-inch 4-ply rated sheathing plywood 345 350 522
North Central 7/16-inch Oriented Strand Board 218 218 415
*Weighted average of 11 key items