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Random Lengths

Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: October 19, 2018.

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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

Traders noted a change in the tone of the framing lumber market, and even a sense that prices had found or were nearing a bottom. However, that sentiment was stronger in the first half of the week than the latter. A few mill curtailments announced in the West and a picket line set up at a mill site in British Columbia caused traders to stir. However, the B.C. mill picket turned out to be a one-day affair, no further production curtailments were announced, and Wednesday’s U.S. housing report threw cold water on warming demand.

  This Week
Oct 19
Last Week
Oct 12
Year Ago
Random Lengths Framing Lumber Composite Price* $360 $373 $438
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 319 332 449
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 408 422 553
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 285 285 467
Southern Pine (Westside) #2 2x4 R/L 457 472 420
KD Coast Hem-Fir #2&Btr 2x4 R/L 325 335 470
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 710
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel prices plunged as mills searched for trading levels to alleviate buildups. Prices of OSB finished the week lower, but strong sales in the second half of the week allowed producers to bounce quotes off their lows in some regions. Southern Pine plywood trading nearly reached a standstill amid languishing demand. Mills struggled to find levels to entice buyers off the sidelines. A lack of sales, and offerings stacking up at mills, forced western Fir plywood producers to probe for trading levels.

(f.o.b. mill prices) This Week
Oct 19
Last Week
Oct 12
Year Ago
Random Lengths Structural Panel Composite Price* $406 $429 $535
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 395-440 425-465 505-528
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 400-445 430-470 510-530
Western 1/2-inch 4-ply rated sheathing plywood 390 420 513
North Central 7/16-inch Oriented Strand Board 265 290 455
*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

  • As the framing lumber market tries to find a bottom to the record-setting plummet, traders are trying to get a handle on why they didn’t see this epic price collapse coming.
  • Traders looking for answers to the third-quarter meltdown in wood products prices can now credibly add a slowdown in U.S. housing starts to the list of factors.
  • Hurricane Michael’s legacy in the softwood lumber and panel industries may be its lack of impact on markets and as a potential bellwether for reaction to storms in the future.
  • North American structural panel output through the first nine months of the year totaled 26.035 bsf (3/8-inch basis), a 3.0% increase from the same period of 2017, according to APA - The Engineered Wood Association.
Monday, October 22, 2018


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