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Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: November 25, 2015.
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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.
Trends were mixed in framing lumber markets. Early week trading surpassed some traders’ expectations, although most sensed activity winding down Tuesday afternoon ahead of the Thanksgiving holiday in the U.S. Downward price pressure evident through most of November eased in Southern Pine; despite a fair degree of absenteeism, buyers filled near-term needs and some secondaries staked out long positions. Upward momentum from last week’s late rally carried into Monday in Western S-P-F.
|Random Lengths Framing Lumber Composite Price*||$315||$316||$364|
|KD Western S-P-F #2&Btr 2x4 R/L Mill Price||258||253||334|
|KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes||357||357||425|
|Green Douglas Fir Std&Btr 2x4 R/L (Portland)||297||300||313|
|Southern Pine (Westside) #2 2x4 R/L||403||405||407|
|KD Coast Hem-Fir #2&Btr 2x4 R/L||317||320||340|
|Ponderosa Pine (Inland) #2&Btr 1x12 R/L||660||660||675|
|* Weighted average of 15 key items|
Demand for structural panels faded as the holiday weekend approached in the U.S. OSB producers with loads available for quick shipment accepted counters and searched for business, but those with order files into December coasted into the Thanksgiving holiday. In Southern Pine plywood markets, low sales expectations for the holiday week were essentially met. Activity was fairly steady Tuesday as traders tied up loose ends before the break. Activity in western Fir plywood was tempered other than a few spurts of sales that popped up sporadically through the week.
|(f.o.b. mill prices)||This Week
|Random Lengths Structural Panel Composite Price*||$367||$367||$395|
|Southern (west-east) 15/32-inch 3-ply rated sheathing plywood||360-395||360-395||445-485|
|Southern (west-east) 15/32-inch 4-ply rated sheathing plywood||367-400||367-398||450-487|
|Western 1/2-inch 4-ply rated sheathing plywood||346||346||415|
|North Central 7/16-inch Oriented Strand Board||257||257||215|
|*Weighted average of 11 key items|
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
Random Lengths was published this week in an 8-page issue, excluding the regular “Through a Knothole” section. This is customary for Thanksgiving week. Our regular 12-page format will resume next week, with publication of the December 4 issue.