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
This Week
Jul 23
Last Week
Jul 16
Year Ago
2009
Random Lengths Framing Lumber Composite Price*
$253
$255
$238
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
218
217
178
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
323
320
285
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
185
193
158
Southern Pine (Westside) #2 2x4 R/L
245
252
243
KD Coast Hem-Fir Std&Btr 2x4 R/L
225
225
200
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
600
615
530
* Weighted average of 15 key items
Mixed price trends were widely apparent in framing lumber. Limited supplies figured prominently into most upward moves. Momentum from the previous week's activity was also a factor, with early gains giving way to a sideways drift in late trading. Some items, especially studs, were weak. Overall demand was spotty and sales lacked consistency. The Random Lengths Framing Lumber Composite Price edged down $2.
Structural panel markets were a grind. Sluggish sales left most OSB prices in a flat-to-down mode. Dealers and distributors let their inventories dwindle and purchased strictly on a fill-in basis. Southern Pine plywood producers worked harder to push rated sheathing for shipment next week into a market that lacked urgency. Mills approached buyers more aggressively, which helped most forge order files into the week of August 2. Western Fir plywood trading was subdued, but prices were largely stable.
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
Fannie Mae and Freddie Mac, the insolvent backers of more than $5 trillion in U.S. mortgages, are starting to get political scrutiny, which could lead to major reform or even a phase-out of the agencies.
A weak June housing report has elevated wood products traders’ concern about their own struggling market.
Payouts to plaintiffs from the OSB antitrust case settlement are awaiting a judge’s approval, while a separate but similar class action lawsuit moves forward.
Shawn Church
Editor,
Random Lengths
News and reporting assignments, contact information, and more on the new RL Staff page