PRICES REFLECT October 13, 2017 ISSUE OF MADISON’S LUMBER REPORTER
Oriented Strand Board and Canadian Softwood Plywood construction panel prices October 2017
• Business was “brisk” to hear Eastern Canadian panel traders tell it, but plywood slid another six per cent in price. Producers ran into their order files, with most thicknesses available for next week. OSB prices held amid continued strength and scarce supply. Shipments were getting behind, with secondary suppliers still waiting for sheets bought on September 26th to roll.
• Frustrated wholesalers and distributOrs in Western Canada waited for plywood to “find a bottom” as buyers held off and prices continued to dive. That low point will be a rude awakening as secondaries already hold over-priced wood that is hard to shed currently. WSPF OSB was “less robust” than out East, but for now sales activity was strong and prices stuck.
Western Spruce-Pine-Fir KD 2×4 PET STUDS Construction Framing Prices October 2017
Studs in Gear
• Traders reported that most WSPF stud items lost some ground this week in terms of price and/or demand. Producers in British Columbia discounted a few widths and lengths, but for the most part avoided aggressive corrections as supply remained limited.
• Rail services in Western Canada were “infuriating”, showing no consistency and frequently late arrival times. Trucking was “much better” than rail, but that wasn’t saying much.