RANDOM LENGTHS: Midweek addition highlights October price guide update

A few changes and additions to the Random Lengths lumber, panel, and Midweek price guides are coming in October.

First, the price for Canadian Spruce Plywood 3/8-inch, delivered Toronto, will be added to Midweek, effective with the October 1 issue. This is an addition widely requested by the industry since Random Lengths and Crow’s merged in April of this year.

Also, 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, which take effect with the October 4 issue of Random Lengths, will make the price grid for Canadian OSB delivery points consistent with that of Canadian plywood sheathing.

In the lumber price guide, also effective with the October 4 issue, the deduct price range for Western S-P-F Std&Btr 2×4 random dimension will be retired. This deduct from the published #2&Btr 2×4 price, is found in footnotes on pages 5 and 6 of the price guide. Industry feedback indicates there are no Western S-P-F mills grade stamping 2×4 random dimension as Std&Btr.

What to read next
Due to a system error, the market price for June 2 was used twice in the calculation of the weekly average for AG-FML-0008 Feathermeal, fob US Delmarva Peninsula, $/short ton, resulting in an error. Fastmarkets’ pricing database has been updated to reflect this change. Incorrect weekly average for May 31-June 6: $185-270 per short tonCorrect weekly average […]
Following preliminary discussions with the market and interrogation of data collected by Fastmarkets over recent months, Fastmarkets now proposes to assess and publish the price for ferro-niobium, 63-67%, delivered consumer works, dp Europe, on Wednesdays and Fridays, from the current basis of once weekly on Wednesdays. This more frequent price assessment will enable Fastmarkets to […]
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought 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 […]
Following the consultation, which closed on Thursday June 12, Fastmarkets will amend the frequency of Taiwan base metals premium and delivery timing for tin 99.99% ingot premium, with the first publication on a monthly frequency taking place on Tuesday July 1. The change in frequency will help to better reflect the dynamics in the Taiwan […]
Following an initial consultation with the market, Fastmarkets is proposing to:  The new specifications would be as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME specifications BS EN 1978:2022 – Cu-CATH-1 or Grade 1 Electrolytic Copper Cathode ATSM B1115-10 Quantity: Min […]
The proposed price will expand Fastmarkets’ coverage of the flat stainless steel market in Europe by complementing the price assessment for MB-STS-0281 stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe. The proposal follows preliminary discussions with the market and coincides with a proposal to discontinue the assessment of the base price for […]