U.S.: Softwood and panel markets - Week 47, 2017

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Trading in framing lumber was mixed, but overall price trends were weighted to weakness. Green Fir was the primary exception, with demand outstripping supplies and keeping prices on a steady upward track. Trends in most dry framing species pointed downward. Canadian S-P-F prices fell off historical highs, as buyers kept a low profile, wary of downside risk. Meanwhile, Southern Pine turned soft in 2x6&wdr, with 2x4 maintaining some of its recent strength on the westside as a substitute for Canadian S-P-F.


This Week
Dec 8
Last Week
Dec 1
Year Ago
2016
Random Lengths Framing Lumber Composite Price*$434$436$359
KD Western S-P-F #2&Btr 2x4 R/L Mill Price462478324
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes535547406
Green Douglas Fir Std&Btr 2x4 R/L (Portland)465460342
Southern Pine (Westside) #2 2x4 R/L457448437
KD Coast Hem-Fir #2&Btr 2x4 R/L490490347
Ponderosa Pine (Inland) #2&Btr 1x12 R/L730730620
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel sales and prices gained traction as the week progressed. OSB sales were stronger than expected for the time of year, as buyers stepped in for coverage after prices stabilized in most regions. In Southern Pine plywood markets, prices of rated sheathing bounced off lows or flattened amid improved sales at midweek. Western Fir plywood sales were steady from Tuesday on. Mills held prices without needing to open to counters, a relief to many producers because of veneer and log costs.

(f.o.b. mill prices)This Week
Dec 8
Last Week
Dec 1
Year Ago
2016
Random Lengths Structural Panel Composite Price*$427$433$366
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood410-470405-470348-380
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood415-475410-475348-385
Western 1/2-inch 4-ply rated sheathing plywood442442360
North Central 7/16-inch Oriented Strand Board300315282
*Weighted average of 11 key items

 



U.S.: Softwood and panel markets - Week 47, 2017
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