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Random Lengths

Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: August 26, 2016.

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Random Lengths Lumber and Panel Market Report

Go to: Lumber Report |Panel Report | Industry News in Through a Knothole

This report contains brief excerpts from our full 12-page newsletter, which includes prices of more than 1,600 lumber and panel items, plus detailed summaries of market activity. Contact Random Lengths for a free sample issue.

Random Lengths Lumber Market Report

Buyers retreated to the sidelines as framing lumber prices sagged amid lighter sales across the distribution system. Caution was fueled by a perception that production was outpacing sales, the approach of month-end, bad weather in parts of the South and Midwest, and weakness in futures. A sense that mills were in weaker positions to stem the price slide compared to earlier summer bouts of softness also contributed to buyer caution. The Random Lengths Framing Lumber Composite Price fell $6.

  This Week
Aug 26
Last Week
Aug 19
Year Ago
2015
Random Lengths Framing Lumber Composite Price* $362 $368 $319
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 316 329 268
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 429 431 375
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 335 345 320
Southern Pine (Westside) #2 2x4 R/L 420 426 325
KD Coast Hem-Fir #2&Btr 2x4 R/L 330 335 315
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 695 700 665
* Weighted average of 15 key items

 

 

Random Lengths Framing Lumber Composite Graph

 

 

Random Lengths Panel Market Report

Price trends were mixed in structural panel markets. Western Fir plywood enjoyed a brisk pace of sales, and prices were on the rise. Buyers who had been waiting for prices to fall couldn’t wait any longer and bulked up thin inventories. In Southern Pine plywood, prices of sheathing were mostly static. Producers kept their focus on extending order files. Sales of OSB were modest in most producing zones, and prices eroded. One exception was Western Canada, where most traders sensed a bottom had formed.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Aug 26
Last Week
Aug 19
Year Ago
2015
Random Lengths Structural Panel Composite Price* $390 $392 $354
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 367-387 367-387 378-415
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 370-390 367-387 383-417
Western 1/2-inch 4-ply rated sheathing plywood 415 405 409
North Central 7/16-inch Oriented Strand Board 300 305 205
*Weighted average of 11 key items

 

 


 

Industry News In "Through A Knothole"

Below are headlines of recent articles in the "Through A Knothole" section of our full 12-page newsletter, featuring articles of interest to the industry, including production/price trends, market analysis, trade issues, timber supplies, and much more. Contact Random Lengths for a free sample issue.

This Week in the "Through a Knothole" Section of Random Lengths

  • The U.S. housing market has taken strides since the Great Recession, but supply and affordability issues still hamper the industry.
  • Timber harvests in the nation’s top two lumber-producing states fell a combined 9.8% from 2014 to 2015, according to state forestry agencies in Oregon and Washington.
  • As OSB markets have rebounded over the past year, price premiums of plywood over OSB have narrowed sharply.
  • Traders are uncertain what the impacts will be on wood products markets after flooding in Louisiana killed 13 people and damaged an estimated 60,000 homes.
Wednesday, August 31, 2016

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