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Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: October 17, 2014.
Click here to go to Random Lengths Sample (PDF format)
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.
Framing lumber sales were muted as distractions ruled the week. Traders spent much of their time discussing the stock market, global economic concerns, the Ebola virus, and the first signs of seasonal poor weather in some regions. Many producers fell back on order files of varying length and rode through the anxiety their customers expressed about the economy and global events. The Random Lengths Framing Lumber Composite Price was unchanged at $384.
|Random Lengths Framing Lumber Composite Price*||$384||$384||$383|
|KD Western S-P-F #2&Btr 2x4 R/L Mill Price||352||352||363|
|KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes||454||452||460|
|Green Douglas Fir Std&Btr 2x4 R/L (Portland)||322||325||317|
|Southern Pine (Westside) #2 2x4 R/L||433||436||419|
|KD Coast Hem-Fir #2&Btr 2x4 R/L||365||365||370|
|Ponderosa Pine (Inland) #2&Btr 1x12 R/L||675||675||760|
|* Weighted average of 15 key items|
Structural panel markets picked up steam. Low field inventories, speculation about production cutbacks, and steady activity prompted OSB buyers to increase purchases. While activity wasn’t a runaway, it was noticeably stronger than in recent weeks. Strength in Southern Pine plywood was unabated. With order files well into November at most mills, prices edged upward. For western Fir plywood traders, the week was a carbon copy of the previous two weeks, with mills selling production and prices finishing flat.
(f.o.b. mill prices)
|(f.o.b. mill prices)||This Week
|Random Lengths Structural Panel Composite Price*||$412||$409||$381|
|Southern (west-east) 15/32-inch 3-ply rated sheathing plywood||454-515||450-515||380-400|
|Southern (west-east) 15/32-inch 4-ply rated sheathing plywood||480-518||478-518||385-410|
|Western 1/2-inch 4-ply rated sheathing plywood||480||480||402|
|North Central 7/16-inch Oriented Strand Board||222||222||264|
|*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
- Southern Pine plywood prices are hitting their highest levels for the year to date in mid-October.
- The multifamily sector continued to drive the trend in housing starts last month, as the sector rose 16.7%; single-family starts edged up 1.1%.
- Truss manufacturers have provided Southern Pine lumber sellers with a consistent outlet for sales, amid an overall rugged tone in 2014.
- The reported price of Douglas Fir CD 1/10 full-sheet veneer has been in a holding pattern for 22 straight weeks, moving in on a record set in 1997.