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Random Lengths

Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: February 23, 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 discerned a modest pullback in framing lumber purchases, as more customers pushed back against placing new orders at record prices that often came with warnings of late shipments. Nonetheless, producers pushed quotes upward, as they sold enough volume to send order files well into or even through March. Gains in prices moderated in most species. But the Random Lengths Framing Lumber Composite Price jumped to $509, just $1 short of the all-time high set on December 30, 1993. 

  This Week
Feb 23
Last Week
Feb 16
Year Ago
Random Lengths Framing Lumber Composite Price* $509 $500 $410
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 540 527 385
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 619 609 449
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 600 595 370
Southern Pine (Westside) #2 2x4 R/L 567 553 488
KD Coast Hem-Fir #2&Btr 2x4 R/L 560 550 400
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 740 740 580
* Weighted average of 15 key items


Random Lengths Framing Lumber Composite Graph


Random Lengths Panel Market Report

Structural panel prices forged additional gains despite a slower sales pace. For the 10th consecutive week, prices of OSB marched higher, and double-digit increases have been posted five weeks in a row. Demand continued to outstrip supplies. Heavy rainfall and resistance to price levels led to a quieter week of sales in Southern Pine plywood markets. But mills managed to bump quotes higher and extend order files. Recent trends continued in western Fir plywood, with a slow trading pace at the start of the week turning steady by midweek. 

(f.o.b. mill prices) This Week
Feb 23
Last Week
Feb 16
Year Ago
Random Lengths Structural Panel Composite Price* $534 $523 $406
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 530-575 520-565 400-415
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 535-580 525-570 400-415
Western 1/2-inch 4-ply rated sheathing plywood 549 544 412
North Central 7/16-inch Oriented Strand Board 395 385 305
*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

  • Southern Pine lumber has expanded into relatively new markets within North America in recent months, and many traders see solid potential for the trend to sustain itself or gain momentum through 2018.
  • Insatiable demand has pushed Eastern S-P-F #1&2 2x4 prices to new heights in 2018. The width has also re-established its usual price premiums to 2x6.
  • Prices of Inland Red Cedar boards have been on an upward trajectory for nearly seven years. With numerous items in all widths and grades at or near record highs, traders are optimistic the trend will continue as spring buying ramps up.
  • The size of new single-family homes built in the U.S. declined in 2017 for a second consecutive year, a trend signaling the new-home market may be normalizing after the Great Recession.
Saturday, February 24, 2018


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