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Random Lengths

Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: September 15, 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

Sales of framing lumber lacked the fervor of the previous week, but demand outstripped production in most species and prices continued to rise. Effects from hurricanes in the South and fire danger in the West remained factors, as did a steady-to-strong overall flow of lumber through the distribution system that kept buyers replenishing inventories. Southern Pine sales surged, setting the tone for an $11 jump in the Random Lengths Framing Lumber Composite Price, which finished at $421.

  This Week
Sep 15
Last Week
Sep 8
Year Ago
2016
Random Lengths Framing Lumber Composite Price* $421 $410 $350
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 416 406 310
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 512 496 415
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 467 460 332
Southern Pine (Westside) #2 2x4 R/L 386 370 403
KD Coast Hem-Fir #2&Btr 2x4 R/L 440 430 330
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 675 675 685
* Weighted average of 15 key items

 

Random Lengths Framing Lumber Composite Graph

 

Random Lengths Panel Market Report

Structural panel prices jumped sharply as scarce supplies kept mills in the driver’s seat. In the aftermath of Hurricane Irma, OSB markets remained in disarray. Mill quotes covered wide ranges in some producing regions, and buyers struggled to find producers on the market in the South. Southern Pine plywood buyers scrambled to cover near-term needs amid strong demand that allowed mills to extend order files into mid- to late October. The pace was active in western Fir plywood, although a tick slower than the previous week for most traders.

(f.o.b. mill prices) This Week
Sep 15
Last Week
Sep 8
Year Ago
2016
Random Lengths Structural Panel Composite Price* $504 $483 $390
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 480-495 450-475 365-382
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 485-500 455-480 365-382
Western 1/2-inch 4-ply rated sheathing plywood 515 509 420
North Central 7/16-inch Oriented Strand Board 435 419 304
*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

  • Rebuilding in storm-ravaged areas of South Florida in Hurricane Irma’s wake will have little direct impact on demand for OSB. Building codes in South Florida do not allow OSB in structural applications.
  • When the Western Fir plywood market gets hot, it is usually because of increased CDX sheathing demand. This summer, however, it was CCX sheathing that kick-started the market.
  • The investigation into Canadian softwood lumber shipments to the U.S. continues through its arduous process, with the U.S. International Trade Commission (ITC) hearing testimony September 12 from U.S. industry and senators regarding the injury phase of the case.
  • North American lumber production reached 31.514 billion board feet in the first half of the year, a 2.2% gain over the like period of 2016.
  • As dealers focus their attention on business prospects in the fall, sales expectations and inventories have been pared, according to a monthly Random Lengths survey measuring retailer sentiment in August.
Tuesday, September 19, 2017

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