The recent lull in framing lumber markets prompted producers to probe more aggressively for orders. Yet they did so selectively, and prices retreated unevenly. A pickup in sales on Thursday helped many sellers finish the week on firmer footing, while buyers sometimes lamented an inability to replenish at lower targeted levels. Early losses easily outweighed any late-week bounce-back in prices, and the Random Lengths Framing Lumber Composite finished with a $9 loss, at $405.
This Week Aug 25 |
Last Week Aug 18 |
Year Ago 2016 |
|
Random Lengths Framing Lumber Composite Price* | $405 | $414 | $362 |
KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 385 | 387 | 316 |
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 482 | 489 | 429 |
Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 460 | 475 | 335 |
Southern Pine (Westside) #2 2x4 R/L | 363 | 373 | 420 |
KD Coast Hem-Fir #2&Btr 2x4 R/L | 425 | 430 | 330 |
Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 680 | 680 | 695 |
* Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel prices faded. The approach of Hurricane Harvey toward the Texas coast distracted trading. The length of mill order files went a long way in determining price movement in OSB. Producers in the North Central region and Eastern Canada reported order files well into September, and prices were firm to slightly higher. Sheathing prices in Southern Pine plywood markets stabilized late Thursday, after buyers stepped into the market earlier to take advantage of some hefty discounting by a few producers. Western Fir plywood trading got off to a slow start Monday, and failed to kick into a high gear.
(f.o.b. mill prices) | This Week Aug 25 |
Last Week Aug 18 |
Year Ago 2016 |
Random Lengths Structural Panel Composite Price* | $450 | $453 | $390 |
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 370-390 | 375-395 | 367-387 |
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 375-395 | 380-400 | 370-390 |
Western 1/2-inch 4-ply rated sheathing plywood | 468 | 485 | 415 |
North Central 7/16-inch Oriented Strand Board | 414 | 414 | 300 |
*Weighted average of 11 key items |