Sales of framing lumber hit a higher gear in most species in the second half of the week. Traders weighed myriad factors that impacted supply and demand. The postponement of the final determination in the CVD/AD investigations extended the period in which no CVD will be collected until at least the end of the year. Historic flooding shut down shipping in and out of parts of Texas. The Houston area consumes far more Southern Pine lumber than it produces, so the storm’s initial impact was much more extensive on the demand side.
This Week Sep 1 |
Last Week Aug 25 |
Year Ago 2016 |
|
Random Lengths Framing Lumber Composite Price* | $403 | $405 | $354 |
KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 395 | 385 | 311 |
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 485 | 482 | 421 |
Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 455 | 460 | 332 |
Southern Pine (Westside) #2 2x4 R/L | 360 | 363 | 409 |
KD Coast Hem-Fir #2&Btr 2x4 R/L | 420 | 425 | 330 |
Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 675 | 680 | 695 |
* Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel prices jumped amid a flurry of activity late in the week. Prices of OSB adjusted in both directions. Heavy volumes sold in the South starting Wednesday in the wake of historic flooding in Texas from Hurricane Harvey. Low inventories and reaction to Hurricane Harvey fueled frenetic trading in Southern Pine plywood through most of the week. Producers raised quotes rapidly and encountered minimal pushback from buyers. The western Fir plywood market kicked into high gear on Wednesday after a slow start to the week.
(f.o.b. mill prices) | This Week Sep 1 |
Last Week Aug 25 |
Year Ago 2016 |
Random Lengths Structural Panel Composite Price* | $461 | $450 | $391 |
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 400-420 | 370-390 | 370-389 |
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 405-425 | 375-395 | 372-390 |
Western 1/2-inch 4-ply rated sheathing plywood | 482 | 468 | 420 |
North Central 7/16-inch Oriented Strand Board | 414 | 414 | 300 |
*Weighted average of 11 key items |