Sales of US framing lumber slowed as winter took a toll on consumption across the continent. Snow in the Northwest and rain in California cooled off trading in the West, while the Upper Midwest, Northeast, and much of Canada were in the deep freeze. As mill sales slowed, secondaries stepped up efforts to sell from their inventories, and a two-tiered market was widely apparent. The quieter tone sapped upward momentum in prices, but the Random Lengths Framing Lumber Composite Price still posted a $7 gain.
This Week Feb 15 |
Last Week Feb 8 |
Year Ago 2018 |
|
Random Lengths Framing Lumber Composite Price* | $377 | $370 | $500 |
KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 410 | 417 | 527 |
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 471 | 465 | 609 |
Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 302 | 300 | 595 |
Southern Pine (Westside) #2 2x4 R/L | 422 | 405 | 553 |
KD Coast Hem-Fir #2&Btr 2x4 R/L | 405 | 395 | 550 |
Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 815 | 810 | 740 |
* Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel prices shifted mildly amid minimal sales. Wintry weather cast a pall over demand across the vast majority of the continent, and limited open-market sales of OSB. Southern Pine plywood prices trended upward modestly during another uneventful, but steady week of trading. Lean inventories kept buyers in the market searching for small volumes to address emerging needs. Western Fir plywood mills struggled to sell a week’s worth of production amid a dearth of activity attributed to weather.
(f.o.b. mill prices) | This Week Feb 15 |
Last Week Feb 8 |
Year Ago 2018 |
Random Lengths Structural Panel Composite Price* | $377 | $375 | $523 |
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 380-405 | 375-405 | 520-565 |
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 385-415 | 380-415 | 525-570 |
Western 1/2-inch 4-ply rated sheathing plywood | 379 | 378 | 544 |
North Central 7/16-inch Oriented Strand Board | 215 | 215 | 385 |
*Weighted average of 11 key items |