RANDOM LENGTHS: A couple of price guide changes coming in May

Random Lengths will move forward on a couple of minor changes to the Lumber and Panel Price Guides, while holding back on its proposal to start reporting Southern Pine MSR prices.

In the Lumber Price Guide, in the shop and Mldg&Btr section, we will clarify a footnote for Ponderosa Pine Moulding 1-5/16-inch (LCSD) and 1-9/16-inch (LCSE), indicating that reported prices for loadings of these items do not include 15-20% C&Btr. This change will take effect with the May 6 lumber report.

In the Panel Price Guide, in the Canadian plywood section, we will add a footnoted adder for tongue-and-groove finishing for Spruce plywood, similar to the current footnote under the block of Canadian Douglas Fir plywood prices. This change will be reflected in the May 7 panel report.

Based on industry feedback, we will not at this time add Southern Pine MSR prices to the lumber guide. These prices would have reflected f.o.b. mill prices for 2400f 2×4 and 2×6 produced in the eastside zone. Industry feedback was mostly against or ambivalent toward reporting these prices, so we have decided to table the proposal. 

What to read next
After a one-month consultation period, Fastmarkets has amended the impurity specifications for its weekly payable indicators for black mass in South Korea, Southeast Asia and Europe.
This consultation, which is open until May 23, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]
This consultation, which is open until May 23, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) Principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. Fastmarkets FOEX […]
Fastmarkets will discontinue its lithium contract price assessments, effective October 2024.
After a consultation period that began on February 19, 2024, and ended on March 21 2024, Fastmarkets has discontinued Region 4 log prices. The last assessment published March 2024.  To provide feedback on this or if you would like to provide price information by becoming a data submitter to Log Lines, please contact William Perritt […]
Fastmarkets proposes to amend the chemical specifications and names of its CIF, FOB and FOT 37% manganese ore indices.