PRICES REFLECT June 23, 2017 ISSUE OF MADISON’S LUMBER REPORTER
Green Douglas Fir Persistent
• Producers of green fir lumber remained in control as demand continued to tick up and available volumes dwindled. Every time mills nudged their asking prices up, price support was found from buyers whose inventories have run down to essentially zilch.
Oriented Strand Board and Plywood
• ESPF plywood order les at Canadian mills reached into the week of July 24th, and secondary suppliers were not far behind that date with their own bookings. Inventories at all levels appeared to be scant, and buyers were in “scramble-mode”. OSB was “flat” by comparison. Players thought it was a bit of a digestion week for that sheet good, as both US and Canadian markets were quieter this week than last on OSB.
• Pockets of ruminating buyers contrasted with inventory-strapped customers, giving this week a kind of “middle of the road” feel according to WSPF panel dealers in Canada. Plywood producers remained rmly in the driver’s seat while OSB was less certain.