The trading pace in framing lumber eased from the previous week’s action, but early momentum carried prices higher. Digestion of previous orders was one factor. Uncertainties regarding 2019 demand, the extent of transportation issues, and limitations from winter weather also contributed to renewed hints of caution. The weight of these issues factored into the about-face in an upward futures trend. Even so, early week gains pushed the Random Lengths Framing Lumber Composite Price up $16, to $370.
| This Week Feb 8 |
Last Week Feb 1 |
Year Ago 2018 |
|
| Random Lengths Framing Lumber Composite Price* | $370 | $354 | $492 |
| KD Western S-P-F #2 & Btr 2×4 R/L Mill Price | 417 | 398 | 516 |
| KD Eastern S-P-F #1 & 2 2×4 R/L, delivered Great Lakes | 465 | 432 | 601 |
| Green Douglas Fir Std & Btr 2×4 R/L (Portland) | 300 | 280 | 580 |
| Southern Pine (Westside) #2 2×4 R/L | 405 | 389 | 541 |
| KD Coast Hem-Fir #2 & Btr 2×4 R/L | 395 | 378 | 545 |
| Ponderosa Pine (Inland) #2 & Btr 1×12 R/L | 810 | 805 | 735 |
| * Weighted average of 15 key items | |||
Random Lengths Panel Market Report
Structural panel sales slowed from the previous week, but prices remained on a firm footing. Wintry weather limited OSB sales in some markets, but prices maintained a firm-to-higher track. In the South, sales lagged last week’s pace, but sparse mill offerings kept prices on a gradual climb. Southern Pine plywood trading settled into a more measured pace compared to recent weeks but was steady enough to sustain modest price gains. Western Fir plywood trading slowed. Buyers waited for orders or digested recent arrivals.
| (f.o.b. mill prices) | This Week Feb 8 |
Last Week Feb 1 |
Year Ago 2018 |
| Random Lengths Structural Panel Composite Price* | $375 | $372 | $512 |
| Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 375-405 | 370-405 | 510-555 |
| Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 380-415 | 375-415 | 515-560 |
| Western 1/2-inch 4-ply rated sheathing plywood | 378 | 375 | 540 |
| North Central 7/16-inch Oriented Strand Board | 215 | 213 | 375 |
| *Weighted average of 11 key items | |||
Random Lengths Lumber Market Report
The trading pace in framing lumber eased from the previous week’s action, but early momentum carried prices higher. Digestion of previous orders was one factor. Uncertainties regarding 2019 demand, the extent of transportation issues, and limitations from winter weather also contributed to renewed hints of caution. The weight of these issues factored into the about-face in an upward futures trend. Even so, early week gains pushed the Random Lengths Framing Lumber Composite Price up $16, to $370.
| This Week Feb 8 |
Last Week Feb 1 |
Year Ago 2018 |
|
| Random Lengths Framing Lumber Composite Price* | $370 | $354 | $492 |
| KD Western S-P-F #2 & Btr 2×4 R/L Mill Price | 417 | 398 | 516 |
| KD Eastern S-P-F #1 & 2 2×4 R/L, delivered Great Lakes | 465 | 432 | 601 |
| Green Douglas Fir Std & Btr 2×4 R/L (Portland) | 300 | 280 | 580 |
| Southern Pine (Westside) #2 2×4 R/L | 405 | 389 | 541 |
| KD Coast Hem-Fir #2 & Btr 2×4 R/L | 395 | 378 | 545 |
| Ponderosa Pine (Inland) #2 & Btr 1×12 R/L | 810 | 805 | 735 |
| * Weighted average of 15 key items | |||
Random Lengths Panel Market Report
Structural panel sales slowed from the previous week, but prices remained on a firm footing. Wintry weather limited OSB sales in some markets, but prices maintained a firm-to-higher track. In the South, sales lagged last week’s pace, but sparse mill offerings kept prices on a gradual climb. Southern Pine plywood trading settled into a more measured pace compared to recent weeks but was steady enough to sustain modest price gains. Western Fir plywood trading slowed. Buyers waited for orders or digested recent arrivals.
| (f.o.b. mill prices) | This Week Feb 8 |
Last Week Feb 1 |
Year Ago 2018 |
| Random Lengths Structural Panel Composite Price* | $375 | $372 | $512 |
| Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 375-405 | 370-405 | 510-555 |
| Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 380-415 | 375-415 | 515-560 |
| Western 1/2-inch 4-ply rated sheathing plywood | 378 | 375 | 540 |
| North Central 7/16-inch Oriented Strand Board | 215 | 213 | 375 |
| *Weighted average of 11 key items | |||