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Random Lengths

Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: November 21, 2014.

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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

Prices of framing lumber finished lower, but a pickup in sales late in the week put many prices on firming footing. Sales were particularly slow Monday and Tuesday. However, wholesaler short covering late Wednesday and Thursday and cautious replenishment among distributors and dealers gave trading a shot in the arm. Some prices bounced off their lows for the week, but the overall trend pointed downward. The Random Lengths Framing Lumber Composite Price slipped another $4, to $363. 

  This Week
Nov 21
Last Week
Nov 14
Year Ago
2013
Random Lengths Framing Lumber Composite Price* $363 $367 $399
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 330 334 382
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 425 428 476
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 305 300 340
Southern Pine (Westside) #2 2x4 R/L 408 416 433
KD Coast Hem-Fir #2&Btr 2x4 R/L 337 340 390
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 675 675 835
* Weighted average of 15 key items

 

Random Lengths Framing Lumber Composite Graph

 

Random Lengths Panel Market Report

Structural panel prices continued to fall. Any hopes that traders harbored that a pickup in the framing lumber market would carry over into OSB were dashed. Activity in OSB was muted in most regions. Southern Pine plywood prices softened as mills sought to push order files deeper into December. Sales were described as decent, and only slightly lagging production. After a sluggish start, activity surged Thursday in western Fir plywood. Prices bounced off lows and most finished within $15 of last week’s published levels. 

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Nov 21
Last Week
Nov 14
Year Ago
2013
Random Lengths Structural Panel Composite Price* $396 $404 $371
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 445-485 457-500 375-405
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 450-490 465-505 375-415
Western 1/2-inch 4-ply rated sheathing plywood 415 433 395
North Central 7/16-inch Oriented Strand Board 217 222 240
*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

  • Labor disputes between dockworkers and truck drivers have slowed the flow of cargo at most West Coast ports, resulting in a backlog of shipments destined for offshore markets.
  • Wood products traders in the U.S. and Canada overwhelmingly foresee improvement in the U.S. housing market, with the greatest number of respondents to a Random Lengths survey tabbing 2015 starts in a 1.0-1.1 million-unit range.
  • The seasonally adjusted annual rate of U.S. housing starts slipped in October, despite a notable gain in single-family activity. The volatile multifamily sector dropped 15.4% from its September reading.
  • Wood products companies in the U.S. and Canada mostly posted solid results during the third quarter. The major exceptions were OSB manufacturers.
Sunday, November 23, 2014

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