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Random Lengths

Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: February 5, 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

Solid carryover from last week’s more active finish extended order files and lifted framing lumber prices — some sharply. Many traders noted their most active week of early 2016; they covered near-term needs, and mills extended order files into mid- to late February. But some buyers held back, based on adequate inventories or on a sense of caution about the market’s near-term course. Even so, the Random Lengths Framing Lumber Composite Price rose $4, to $309.

 

 

This Week
Feb 5

Last Week
Jan 29

Year Ago
2015

Random Lengths Framing Lumber Composite Price*

$309

$305

$362

KD Western S-P-F #2&Btr 2x4 R/L Mill Price

255

245

321

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes

359

349

423

Green Douglas Fir Std&Btr 2x4 R/L (Portland)

300

290

308

Southern Pine (Westside) #2 2x4 R/L

385

392

430

KD Coast Hem-Fir #2&Btr 2x4 R/L

298

298

335

Ponderosa Pine (Inland) #2&Btr 1x12 R/L

660

660

665

* Weighted average of 15 key items

 

 

Random Lengths Framing Lumber Composite Graph

 

 

Random Lengths Panel Market Report

Structural panel sales were more active compared to previous weeks. OSB sales picked up in the latter half of the week and allowed producers to build order files into mid- to late February. In Southern Pine plywood markets, steady sales kept prices of rated sheathing edging upward. Several traders reported that retail customers were underbought; mills and secondaries fielded plenty of calls from buyers tracking shipments. Western Fir plywood markets finished the week on a steady, yet uneventful and flat note.

 

(f.o.b. mill prices)

This Week
Feb 5

Last Week
Jan 29

Year Ago
2015

Random Lengths Structural Panel Composite Price*

$343

$348

$376

Southern (west-east) 15/32-inch 3-ply rated sheathing plywood

363-393

360-388

428-460

Southern (west-east) 15/32-inch 4-ply rated sheathing plywood

370-393

365-388

428-467

Western 1/2-inch 4-ply rated sheathing plywood

334

330

404

North Central 7/16-inch Oriented Strand Board

213

225

195

*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

  • Subtle, but permanent changes are underway in British Columbia’s Interior region that are mildly reducing Western Spruce-Pine-Fir lumber output.
  • North America’s share of the Chinese softwood lumber market eroded at an accelerated rate in 2015, while suppliers from Russia and Scandinavia continued to gain ground.
  • Framing lumber prices softened through January, a trend that has gone against the historical grain the past two years in a row.
  • U.S. retailers’ three-month forward sales expectations moved higher in late January, with the Northeast standing out among regional gains.
Friday, February 12, 2016

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