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Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: May 17, 2019.

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 newsletter, which includes prices of more than 1,600 lumber and panel items, plus detailed summaries of market activity.

Random Lengths Lumber Market Report

The framing lumber market took a step back after showing signs in prior weeks that it might break out of its longstanding malaise. Weather continued to play a role in some regions, but the consensus was that sluggish year-to-date sales had allowed too much supply to build up in the distribution system. Despite reports that consumption in some markets was picking up, ample supplies were available to meet most buyers’ immediate needs.

 

  This Week
May 17
Last Week
May 10
Year Ago
2018
Random Lengths Framing Lumber Composite Price* $345 $352 $568
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 314 329 647
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 405 409 716
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 317 317 595
Southern Pine (Westside) #2 2x4 R/L 379 392 593
KD Coast Hem-Fir #2&Btr 2x4 R/L 360 360 645
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 860 860 760
* Weighted average of 15 key items

 

 

Random Lengths Panel Market Report

Structural panel prices fluctuated mildly amid lackluster sales. A quiet week of trading left prices of OSB unchanged across North America. Lean inventories spurred enough Southern Pine plywood sales to maintain a narrow trading range in rated sheathing, but mills struggled to obtain premiums. Recent trends prevailed in western Fir plywood, including price direction. Excesses at mills and reloads lingered. After purchasing significant volumes last week, Canadian plywood buyers backed away to digest those orders. 

(f.o.b. mill prices) This Week
May 17
Last Week
May 10
Year Ago
2018
Random Lengths Structural Panel Composite Price* $352 $353 $557
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 360-395 360-395 540-575
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 365-400 365-400 545-580
Western 1/2-inch 4-ply rated sheathing plywood 358 356 547
North Central 7/16-inch Oriented Strand Board 190 190 430
*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 newsletter, featuring articles of interest to the industry, including production/price trends, market analysis, trade issues, timber supplies, and much more.

This Week in the "Through a Knothole" Section of Random Lengths

 

  • U.S. exports of Southern Pine and most other species of softwood lumber, panels, and logs to China soon will be subject to tariffs ranging from 20-25%, as the ongoing U.S.-China trade war escalates.
  • U.S. softwood lumber imports from offshore suppliers cooled in the first quarter after posting six straight annual hikes and soaring in 2018 to the highest volume in more than a decade.
  • U.S. housing starts in April rebounded as many analysts had expected from disappointing levels in February and March. Total starts rose to a seasonally adjusted annual rate of 1.235 million units, up 5.7% from March, but 2.5% below the April 2018 pace.
  • Some North American wood products companies reported modestly improved financial results during the first quarter compared to the fourth quarter. But the start of 2019 failed to meet expectations and paled in comparison to the gains posted during the same period in 2018.

Thursday, May 23, 2019

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