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Updated every Friday afternoon at 2:00 pm (Pacific Time). Last update: June 14, 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

Additional and significant curtailments announced in British Columbia jolted the framing lumber market out of a five-week losing streak. While dramatic price volatility was limited to Western S-P-F, the impact bled into other species, with mills firming quotes and raising prices moderately in late trading. Aggressive increases by B.C. mills resulted in some $60-80 shifts in sales levels from the previous week to where mills quoted Thursday. Led by Western S-P-F, the Random Lengths Framing Lumber Composite gained $7.

  This Week
Jun 14
Last Week
Jun 7
Year Ago
2018
Random Lengths Framing Lumber Composite Price* $326 $319 $571
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 360 297 615
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 402 385 712
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 303 300 575
Southern Pine (Westside) #2 2x4 R/L 318 331 588
KD Coast Hem-Fir #2&Btr 2x4 R/L 353 347 640
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 860 860 770
* Weighted average of 15 key items

 

 

Random Lengths Panel Market Report

Trends were mixed in structural panel trading. The announcements this week that two OSB plants were going to be curtailed indefinitely in Western Canada stirred buyers and reversed the downward trend in that market. Southern Pine plywood sales were slow to develop at previously reported prices, and many mills opened to counters to secure orders. As in prior weeks, most western Fir plywood producers tried to sell truckloads of sheathing with minimal concessions and push carload volumes with deeper discounts. The week got off to a slow start in Canadian plywood markets. Activity picked up Wednesday afternoon.

(f.o.b. mill prices) This Week
Jun 14
Last Week
Jun 7
Year Ago
2018
Random Lengths Structural Panel Composite Price* $333 $341 $573
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 345-385 355-395 550-582
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 350-390 360-400 555-593
Western 1/2-inch 4-ply rated sheathing plywood 352 354 571
North Central 7/16-inch Oriented Strand Board 175 180 445
*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

  • It’s been said for the past two decades that “days of reckoning” were coming for the British Columbia forest products industry as the mountain pine beetle ravaged swaths of Interior forests. Those days have arrived.
  • Over the years, U.S. modular home construction has progressed in fits and starts, seemingly on the cusp of becoming a worthy alternative to on-site building but never gaining much momentum. Today, another push to establish modular homes as a viable alternative to on-site construction is taking place.
  • Canadian softwood lumber exports to China in April posted a sixth consecutive monthly increase compared to year-ago volumes. Shipments reached 211 million board feet, up 20% from the same month in 2018.
  • It took more than a year, but prices of green Douglas Fir 4-inch dimension finally turned a corner. During a period when most dimension items were softening, 4x4 through 4x12 posted increases.
  • North American lumber production in the first quarter fell 3.7% to 15.017 billion board feet compared to the same period of 2018, according to preliminary figures from industry associations and Statistics Canada.

 

 

This Week
Jun 14

Last Week
Jun 7

Year Ago
2018

Random Lengths Framing Lumber Composite Price*

$326

$319

$571

KD Western S-P-F #2&Btr 2x4 R/L Mill Price

360

297

615

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes

402

385

712

Green Douglas Fir Std&Btr 2x4 R/L (Portland)

303

300

575

Southern Pine (Westside) #2 2x4 R/L

318

331

588

KD Coast Hem-Fir #2&Btr 2x4 R/L

353

347

640

Ponderosa Pine (Inland) #2&Btr 1x12 R/L

860

860

770

* Weighted average of 15 key items

Wednesday, June 19, 2019

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