Framing lumber markets were mixed, with a firm to strengthening trend in western and Canadian species contrasting with a continued softening in Southern Pine. Heavy rain drenched a wide swath of the Southeast, disrupting trading, shipping, and production across the region. A tropical storm making landfall along the Gulf Coast was the primary culprit, as heavy rain ranged from Texas to Florida and the Carolinas. Weakness in SYP offset any gains in the other species; the Random Lengths Framing Lumber Composite Price held after eight straight weekly declines.
This Week Jun 23 |
Last Week Jun 16 |
Year Ago 2016 |
|
Random Lengths Framing Lumber Composite Price* | $397 | $397 | $348 |
KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 372 | 371 | 316 |
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 464 | 457 | 420 |
Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 415 | 405 | 353 |
Southern Pine (Westside) #2 2x4 R/L | 403 | 420 | 378 |
KD Coast Hem-Fir #2&Btr 2x4 R/L | 395 | 392 | 357 |
Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 700 | 700 | 705 |
* Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel trading was measured, but prices of most items posted moderate gains. OSB prices grinded higher even though sales were a notch slower in most regions. Extended order files allowed producers to keep modest upward pressure on quotes. Southern Pine plywood trading remained uneven but liquid. Most buyers stepped in to purchase only what they needed and lacked a sense of urgency. Western Fir plywood trading was steady to active, but lagged last week’s pace slightly. Mills achieved higher prices in a controlled, orderly fashion.
(f.o.b. mill prices) | This Week Jun 23 |
Last Week Jun 16 |
Year Ago 2016 |
Random Lengths Structural Panel Composite Price* | $410 | $407 | $373 |
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 345-370 | 345-370 | 367-387 |
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 350-375 | 350-375 | 372-390 |
Western 1/2-inch 4-ply rated sheathing plywood | 427 | 416 | 395 |
North Central 7/16-inch Oriented Strand Board | 337 | 330 | 275 |
*Weighted average of 11 key items |