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Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: April 19, 2019.

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 newsletter, which includes prices of more than 1,600 lumber and panel items, plus detailed summaries of market activity.

Random Lengths Lumber Market Report

Prices of framing lumber continued to retreat amid a slow-developing increase in seasonal demand. Traders widely reported that ample supplies were available at all levels of the distribution system, going back to the mills. That generated little urgency, and left suppliers struggling to move loadings that didn’t nicely fit buyers’ immediate needs. Steadily eroding prices in most producing regions pushed the Random Lengths Framing Lumber Composite Price down $3, an eighth straight weekly drop.

  This Week
Apr 19
Last Week
Apr 12
Year Ago
2018
Random Lengths Framing Lumber Composite Price* $350 $353 $498
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 312 328 556
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 418 427 630
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 295 290 530
Southern Pine (Westside) #2 2x4 R/L 405 405 554
KD Coast Hem-Fir #2&Btr 2x4 R/L 365 375 560
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 860 860 755
* Weighted average of 15 key items

 

 

Random Lengths Panel Market Report

Structural panel sales were a grind, and prices slipped. The downward spiral in OSB prices was unabated and taxed traders’ patience. Supplies continued to outstrip demand, and loads were available for quick shipment. Sporadic and inconsistent demand for Southern Pine plywood generated enough orders for producers to maintain order files, but a lack of urgency among buyers applied modest downward pressure on prices. Struggles to sell western Fir plywood continued, and frustration mounted. Activity was spotty all week. Order files extending into May allowed a few Canadian plywood producers to hold to their quotes. Others lowered prices after lead times eroded.

(f.o.b. mill prices) This Week
Apr 19
Last Week
Apr 12
Year Ago
2018
Random Lengths Structural Panel Composite Price* $357 $361 $529
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 372-400 375-403 500-545
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 377-412 380-415 505-550
Western 1/2-inch 4-ply rated sheathing plywood 357 362 520
North Central 7/16-inch Oriented Strand Board 185 190 405
*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 newsletter, featuring articles of interest to the industry, including production/price trends, market analysis, trade issues, timber supplies, and much more.

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

  • Compensation Survey Part 2 — Wholesale/distribution managers: Price volatility in 2018 provided numerous opportunities for risk and reward in the secondary market. But in the end, incomes fell short of expectations and declined from the record set in 2017.
  • Traders looking for answers as to why 2019 has failed to break out from its early year lethargy have focused on the weather. But here’s another one: there is a historical propensity toward weaker markets in years immediately following record or near-record market runs, as occurred in 2018.
  • While it doesn’t compare to the snow, ice, and frigid temperatures experienced in many other regions of the U.S., rain can take a toll on demand in California. Stringent environmental regulations can keep trucks parked due to concerns over fines if trucks transfer mud from job sites to city streets.
  • U.S. housing starts fell in March to a seasonally annual rate of 1.139 million units, about on par with February’s downwardly revised pace of 1.142 million units.
Wednesday, April 24, 2019

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