A mixture of reports developed in the holiday-shortened workweek. Buyers of Canadian S-P-F pulled back, with traders taking note of the large discount in futures to cash. While some Western S-P-F producers rode lengthy order files, others opened to counters on key items, including #2&Btr 2x4. Meanwhile, activity in Southern Pine was steady, with upward pressure on prices of the narrows. Buyers sought coverage with SYP in lieu of higher-cost S-P-F. Southern Pine MSR sustained its recent strength.
This Week Nov 22 |
Last Week Nov 17 |
Year Ago 2016 |
|
Random Lengths Framing Lumber Composite Price* | $438 | $438 | $349 |
KD Western S-P-F #2&Btr 2x4 R/L Mill Price | 489 | 494 | 310 |
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes | 555 | 561 | 395 |
Green Douglas Fir Std&Btr 2x4 R/L (Portland) | 458 | 455 | 330 |
Southern Pine (Westside) #2 2x4 R/L | 438 | 428 | 431 |
KD Coast Hem-Fir #2&Btr 2x4 R/L | 490 | 490 | 332 |
Ponderosa Pine (Inland) #2&Btr 1x12 R/L | 730 | 730 | 625 |
* Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel prices fell unevenly amid quiet sales. Prices of OSB finished lower, but the rate of descent eased in some markets. This trend was most apparent in the West, where deep cuts were no longer available from mills. Downward price pressure persisted in Southern Pine sheathing. Distributors and dealers replenished inventories sparingly. Mill quotes were widely mixed. Western Fir plywood sales slowed compared to late last week. Some traders noted momentum carried over early, while others found the pace quiet from the outset.
(f.o.b. mill prices) | This Week Nov 22 |
Last Week Nov 17 |
Year Ago 2016 |
Random Lengths Structural Panel Composite Price* | $451 | $466 | $363 |
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood | 415-485 | 435-495 | 348-380 |
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood | 420-490 | 440-500 | 350-385 |
Western 1/2-inch 4-ply rated sheathing plywood | 447 | 452 | 345 |
North Central 7/16-inch Oriented Strand Board | 355 | 380 | 282 |
*Weighted average of 11 key items |