Solid carryover from last week’s more active finish extended order files and lifted framing lumber prices — some sharply. Many traders noted their most active week of early 2016; they covered near-term needs, and mills extended order files into mid- to late February. But some buyers held back, based on adequate inventories or on a sense of caution about the market’s near-term course. Even so, the Random Lengths Framing Lumber Composite Price rose $4, to $309.
|
This Week |
Last Week |
Year Ago |
Random Lengths Framing Lumber Composite Price* |
$309 |
$305 |
$362 |
KD Western S-P-F #2&Btr 2x4 R/L Mill Price |
255 |
245 |
321 |
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes |
359 |
349 |
423 |
Green Douglas Fir Std&Btr 2x4 R/L (Portland) |
300 |
290 |
308 |
Southern Pine (Westside) #2 2x4 R/L |
385 |
392 |
430 |
KD Coast Hem-Fir #2&Btr 2x4 R/L |
298 |
298 |
335 |
Ponderosa Pine (Inland) #2&Btr 1x12 R/L |
660 |
660 |
665 |
* Weighted average of 15 key items |
Random Lengths Panel Market Report
Structural panel sales were more active compared to previous weeks. OSB sales picked up in the latter half of the week and allowed producers to build order files into mid- to late February. In Southern Pine plywood markets, steady sales kept prices of rated sheathing edging upward. Several traders reported that retail customers were underbought; mills and secondaries fielded plenty of calls from buyers tracking shipments. Western Fir plywood markets finished the week on a steady, yet uneventful and flat note.
(f.o.b. mill prices) |
This Week |
Last Week |
Year Ago |
Random Lengths Structural Panel Composite Price* |
$343 |
$348 |
$376 |
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood |
363-393 |
360-388 |
428-460 |
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood |
370-393 |
365-388 |
428-467 |
Western 1/2-inch 4-ply rated sheathing plywood |
334 |
330 |
404 |
North Central 7/16-inch Oriented Strand Board |
213 |
225 |
195 |
*Weighted average of 11 key items |