U.S.: Softwood and panel markets - Week 29, 2017

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Random Lengths
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Framing lumber prices posted strong increases in most species for a second consecutive week, as concerns about supplies were unabated. A number of sawmills in the B.C. Interior remained down due to wildfires in the region. On Thursday, Tolko announced the closure of its Quesnel operations, citing log shortages. This brought the number of fire-related closures to eight, which represents approximately 14% of B.C.’s output and about 3% of total North American production.

  Week
Jul 21
Week
Jul 14
Year Ago
2016
Random Lengths Framing Lumber Composite Price* $422 $411 $357
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 414 406 329
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 501 490 427
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 465 450 353
Southern Pine (Westside) #2 2x4 R/L 380 377 399
KD Coast Hem-Fir #2&Btr 2x4 R/L 425 412 352
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 690 690 705
* Weighted average of 15 key items

Random Lengths Panel Market Report

The Random Lengths Structural Panel Composite Price surged $15 to $448 amid a wild week of trading. OSB prices jumped sharply higher in spots, and reported levels were all over the map as few producers were consistently on the market. The trading pace in Southern Pine plywood was uneven at times and less active than last week. Some buyers waited on shipments to arrive or digested recent purchases. The trading pace in western Fir plywood was busy, particularly in Canada as buyers sought CC panels.

(f.o.b. mill prices) Week
Jul 21
Week
Jul 14
Year Ago
2016
Random Lengths Structural Panel Composite Price* $448 $433 $396
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 377-402 370-395 378-407
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 382-407 375-400 378-415
Western 1/2-inch 4-ply rated sheathing plywood 500 485 421
North Central 7/16-inch Oriented Strand Board 395 365 306
*Weighted average of 11 key items

 

 

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