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Random Lengths

Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: June 23, 2017.

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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

Framing lumber markets were mixed, with a firm to strengthening trend in western and Canadian species contrasting with a continued softening in Southern Pine. Heavy rain drenched a wide swath of the Southeast, disrupting trading, shipping, and production across the region. A tropical storm making landfall along the Gulf Coast was the primary culprit, as heavy rain ranged from Texas to Florida and the Carolinas. Weakness in SYP offset any gains in the other species; the Random Lengths Framing Lumber Composite Price held after eight straight weekly declines.

  This Week
Jun 23
Last Week
Jun 16
Year Ago
2016
Random Lengths Framing Lumber Composite Price* $397 $397 $348
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 372 371 316
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 464 457 420
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 415 405 353
Southern Pine (Westside) #2 2x4 R/L 403 420 378
KD Coast Hem-Fir #2&Btr 2x4 R/L 395 392 357
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 700 700 705
* Weighted average of 15 key items

 

Random Lengths Framing Lumber Composite Graph

 

Random Lengths Panel Market Report

Structural panel trading was measured, but prices of most items posted moderate gains. OSB prices grinded higher even though sales were a notch slower in most regions. Extended order files allowed producers to keep modest upward pressure on quotes. Southern Pine plywood trading remained uneven but liquid. Most buyers stepped in to purchase only what they needed and lacked a sense of urgency. Western Fir plywood trading was steady to active, but lagged last week’s pace slightly. Mills achieved higher prices in a controlled, orderly fashion.

(f.o.b. mill prices) This Week
Jun 23
Last Week
Jun 16
Year Ago
2016
Random Lengths Structural Panel Composite Price* $410 $407 $373
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 345-370 345-370 367-387
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 350-375 350-375 372-390
Western 1/2-inch 4-ply rated sheathing plywood 427 416 395
North Central 7/16-inch Oriented Strand Board 337 330 275
*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

  • The chief forester of the B.C. Ministry of Forests has announced a reduced annual allowable cut for one of the key timber supply areas that were on the 2017 watch list for cuts in the wake of the pine beetle epidemic.
  • Trader’s Notebook for the third quarter: By the time the quarter begins, traders are likely to know what the combined countervailing and anti-dumping penalty on Canadian shipments to the U.S. will be. The market’s response to the combined duties and developments in ongoing negotiations will command traders’ attention in the months ahead.
  • Prices of Ponderosa Pine shop have surged in 2017 after declining considerably in 2015 and floundering through much of 2016.
  • The U.S. Department of Commerce imposed anti-dumping duties on Chinese hardwood plywood imports June 19 after reaching a preliminary determination that some Chinese companies are dumping hardwood plywood in the U.S. market.
  • A wet spring mixed with stints of warm and dry weather across the western and central U.S. and Canada will create normal fire potential across most regions, forecasters say.
Friday, June 23, 2017

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