U.S.: Softwood and panel markets - Week 47, 2018

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Fordaq
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Follow-through from the previous week’s action was evident Monday, but traders eased into holiday mode thereafter. Framing lumber prices carried some upward momentum into the week, and the Random Lengths Framing Lumber Composite Price posted at $2 gain. Traders digested recent purchases and kept new orders to a minimum. Year-end inventory taxes were a factor, while many traders sensed that they could cover near-term needs with little trouble.

  This Week
Nov 21
Last Week
Nov 16
Year Ago
2017
Random Lengths Framing Lumber Composite Price* $342 $340 $438
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 351 347 489
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 410 403 555
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 280 280 458
Southern Pine (Westside) #2 2x4 R/L 391 391 438
KD Coast Hem-Fir #2&Btr 2x4 R/L 332 330 490
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 780 780 730
* Weighted average of 15 key items

Random Lengths Panel Market Report

The holiday-shortened week sapped energy from structural panel trading. Sales of OSB lacked urgency, and prices were unchanged in most producing regions. A number of buyers in the U.S. had filtered out of their offices by Wednesday morning. A dearth of activity followed steady early-week sales in Southern Pine plywood. After a quiet start, western Fir plywood trading picked up Tuesday, as traders covered near-term needs before heading out for the holiday. Volumes were not heavy. 

(f.o.b. mill prices) This Week
Nov 21
Last Week
Nov 16
Year Ago
2017
Random Lengths Structural Panel Composite Price* $383 $385 $451
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 360-390 360-390 415-485
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 365-395 365-395 420-490
Western 1/2-inch 4-ply rated sheathing plywood 357 358 447
North Central 7/16-inch Oriented Strand Board 245 245 355
*Weighted average of 11 key items

 

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