US softwood lumber price gains $10 in one week

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Random Lengths
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Order files stretched well into July at many framing lumber mills, and prices rose accordingly. Sales slowed for some producers who had pushed shipment times into mid-July last week. But those finishing up June and selling into early July posted strong sales and hiked prices.

While seasonal demand was the primary driver, supply-side issues also factored into the market. The Random Lengths Framing Lumber Composite Price posted a second straight double-digit gain, rising to $342.

 
Week June 19
Week Jun 12
Year Ago
2014
Random Lengths Framing Lumber Composite Price*
$342
$332
$373
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
299
291
325
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
387
384
425
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
333
320
313
Southern Pine (Westside) #2 2x4 R/L
352
344
410
KD Coast Hem-Fir Std&Btr 2x4 R/L
327
315
365
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
670
670
745
* Weighted average of 15 key items

 

Random Lengths Panel Market Report

Structural panel markets were soft. Following a seven-week period during which the OSB Composite Price gained $22, prices flattened. Many mills had extended order files into July, but loads were available for shipment sooner at some plants. Southern Pine rated sheathing prices gave way to downward pressure amid lackadaisical demand. Loads were readily available for shipment next week at the mills. Western Fir plywood sales were sporadic in an overall uneventful week. 

(f.o.b. mill prices) Week Jun 19 Week Jun 12
Year Ago
2014
Random Lengths Structural Panel Composite Price*
$369
$372
$373
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 415-435 415-442
415-430
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
415-440
420-442
417-445
Western 1/2-inch 4-ply exterior sheathing plywood 408 415
421
North Central 7/16-inch Oriented Strand Board 208 208 208
*Weighted average of 11 key items
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