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16, Jan 2021 -

Softwood lumber price in US still at low level

 

April_2015_US.jpg

Random Lengths Panel Market Report

 

Frustration and angst grew among US traders of framing lumber, as the market remained in the doldrums. Oversupply was cited as the primary culprit, but demand fundamentals were also getting closer scrutiny. Traders were tired of hearing about weather holding back demand but for some, Mother Nature was still at the fore. Cold, winter-like weather conditions were still present in the Northeast, and rain pounded areas of the South. Tornado watches were in effect across the midsection of the US.

                                                                                     Week Apr 10    Week Apr 3    Year Ago 2014

Random Lengths Framing Lumber Composite Price*       $336                $337                  $362

KD Western S-P-F #2&Btr 2x4 R/L Mill Price                              269                   279                     336

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes              369                   381                     440

Green Douglas Fir Std&Btr 2x4 R/L (Portland)                            295                   300                     327

Southern Pine (Westside) #2 2x4 R/L                                        406                   402                     373

KD Coast Hem-Fir Std&Btr 2x4 R/L                                            310                   310                    388

Ponderosa Pine (Inland) #2&Btr 1x12 R/L                                  670                   670                    730

* Weighted average of 15 key items  

 

Random Lengths Panel Market Report

Structural panel prices faded amid lackluster demand. The downward drift in OSB prices continued unabated, with northern markets especially sluggish. Most buyers continued to purchase hand-to-mouth, even though prices were approaching four-year lows. Moderate downward price pressure persisted in Southern Pine plywood. Buyers lacked urgency, and confined activity to sparse replenishment when inventories had run bare. After last week’s strong finish, western Fir plywood traders were disappointed in the lack of follow-through this week.   

(f.o.b. mill prices)                                                                         Week Apr 10       Week Apr 3       Year Ago 2014

Random Lengths Structural Panel Composite Price*                  $369                       $371                    $354

Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood    430-487                    435-495                 368-400

Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood    435-490                    440-500                 368-400

Western 1/2-inch 4-ply exterior sheathing plywood                             425                            422                      382

North Central 7/16-inch Oriented Strand Board                                  180                             180                      205

*Weighted average of 11 key items   Source: Fordaq News

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