COVERAGE NOTE: Proposed Changes Finalized for Price Guides in Random Lengths, Random Lengths International

After seeking industry feedback since mid-July on several changes or additions to the Random Lengths and Random Lengths International lumber and panel price guides, all changes as proposed will be implemented. These changes take effect with the October 1, 2019, issue of Midweek, the October 4, 2019, issue of Random Lengths, and the October 2, 2019, issue of Random Lengths International.

Random Lengths will add the price for Canadian Spruce Plywood 3/8-inch delivered Toronto to the structural panel section of Midweek. This is an addition widely requested by the industry since Random Lengths and Crow’s merged in April of this year.

On page 13 of the 14-page weekly report, Canadian OSB prices currently shown as delivered to Saskatchewan, Manitoba, and Atlantic will reflect Regina, Winnipeg, and Moncton, N.B., respectively, as the delivery points. Added to the guide will be delivered prices to Halifax, Nova Scotia. These changes will make the price grid for Canadian OSB delivery points consistent with that of Canadian plywood sheathing.

In the lumber price guide, deduct prices for Western S-P-F Std&Btr 2×4 random dimension, found in footnotes on pages 5 and 6 of the weekly newsletter, will be retired. The deduct is from the published #2&Btr price. Industry feedback to date indicates there are no longer Western S-P-F mills grade stamping 2×4 random dimension as Std&Btr.

In Random Lengths International, changes in production over the years have necessitated a change in the description of Douglas Fir 4-1/8×4-1/8 baby squares from green to kiln-dried stock. Industry feedback indicates almost all production of baby squares is now kiln dried.

To all who commented on these proposed changes, both verbally and in writing, your feedback has been helpful, and much appreciated.

For other Random Lengths Coverage Notes please see:

http://www.rlpi.com/Coverage-Notes/

For more information on Random Lengths assessment methodology, please see:

http://www.rlpi.com/Methodology/

What to read next
Fastmarkets has amended the name of the price assessment for nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio<2 lot size 50,000 tonnes, cif China. The name of the price has been shortened to nickel ore with 1.8% nickel content, cif China to enhance its readability and alignment with other Fastmarkets nickel ore […]
Fastmarkets will launch a European Spruce #2 2x4 16-foot assessment to add transparency to the most imported lumber item from Europe into the United States.
After a month-long consultation period, Fastmarkets has discontinued this price due to low market liquidity. All short-term forecasts associated with this price (or these prices) produced by the Fastmarkets research team, if any, have also been discontinued. If you have any comments on the discontinuation of this price, please contact Natasha Porter by email at: pricing@fastmarkets.com. Please […]
This price is part of the Fastmarkets Scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
Fastmarkets proposes to amend the load port of its hard coking coal and pulverized coal injection (PCI) spot prices, fob DBCT, to fob eastern Australian ports, from the current basis of Dalrymple Bay Coal Terminal, Australia.
The amendment to the name of the price assessment for nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio<2 lot size 50,000 tonnes, cif China has been delayed following a reporter error. Fastmarkets decided to amend the name of the price assessment, shortening it to nickel ore with 1.8% nickel content, following a […]