Random Lengths Lumber and Panel Market Report

May 22, 2019

By: The Working Forest Staff

The framing lumber market took a step back after showing signs in prior weeks that it might break out of its longstanding malaise. Weather continued to play a role in some regions, but the consensus was that sluggish year-to-date sales had allowed too much supply to build up in the distribution system. Despite reports that consumption in some markets was picking up, ample supplies were available to meet most buyers’ immediate needs.

 

  This Week
May 17
Last Week
May 10
Year Ago
2018
Random Lengths Framing Lumber Composite Price* $345 $352 $568
KD Western S-P-F #2&Btr 2×4 R/L Mill Price 314 329 647
KD Eastern S-P-F #1&2 2×4 R/L, delivered Great Lakes 405 409 716
Green Douglas Fir Std&Btr 2×4 R/L (Portland) 317 317 595
Southern Pine (Westside) #2 2×4 R/L 379 392 593
KD Coast Hem-Fir #2&Btr 2×4 R/L 360 360 645
Ponderosa Pine (Inland) #2&Btr 1×12 R/L 860 860 760
* Weighted average of 15 key items

 

 

Random Lengths Panel Market Report

Structural panel prices fluctuated mildly amid lackluster sales. A quiet week of trading left prices of OSB unchanged across North America. Lean inventories spurred enough Southern Pine plywood sales to maintain a narrow trading range in rated sheathing, but mills struggled to obtain premiums. Recent trends prevailed in western Fir plywood, including price direction. Excesses at mills and reloads lingered. After purchasing significant volumes last week, Canadian plywood buyers backed away to digest those orders. 

(f.o.b. mill prices) This Week
May 17
Last Week
May 10
Year Ago
2018
Random Lengths Structural Panel Composite Price* $352 $353 $557
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 360-395 360-395 540-575
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 365-400 365-400 545-580
Western 1/2-inch 4-ply rated sheathing plywood 358 356 547
North Central 7/16-inch Oriented Strand Board 190 190 430
*Weighted average of 11 key items

 

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