RANDOM LENGTHS: One key addition coming to lumber price guide

One key change is coming to the Random Lengths lumber price guide effective with the April 3, 2020, issue.

Prices of Appearance Grade 2×4 8-foot in Western S-P-F, Coast dry Douglas Fir, and Inland Hem-Fir will be added to the stud section on page 5 of the 14-page weekly report. This product will reflect premium grade stock, allowing for limited pencil wane.

These prices are being added after an extensive industry consultation found that a majority of the industry wants benchmark pricing for this sector of the market.

An initial proposal to include Eastern S-P-F was dropped, after finding there was insufficient support from the industry to track this product in this species.

What to read next
Fastmarkets proposes to amend the frequency of Taiwan base metals prices from biweekly to monthly, and the delivery timing for the tin 99.99% ingot premium from two weeks to four weeks.
The prices in question are: MB-STE-0100 Steel scrap, HMS 1&2 (80:20 mix), export, fob main port UK, $ per tonneMB-STE-0099 Steel scrap shredded, export, fob main port UK, $ per tonneMB-STE-0095 Steel scrap shredded, import, cfr delivered Turkish port, $ per tonneMB-STE-0420 Steel scrap, HMS 1&2 (80:20 mix), fob Rotterdam, $ per tonne. Increasing the frequency of assessment of […]
Under the proposal, less-frequent price assessments that fall on Chinese public holidays will be published on the nearest working day. The prices are being skipped according to the currently pricing holiday schedule. Fortnightly and monthly prices that fall on Chinese public holidays will be assessed and published on the closest working day in the same […]
Fastmarkets has decided not to proceed with the proposed launch of inferred net prices for the PIX Pulp NBSK and PIX Pulp BHKP indices in Europe at this time. After assessing market feedback, Fastmarkets has determined that current circumstances do not make the launch of inferred net prices viable. Throughout this process, Fastmarkets has continued […]
This consultation was done as part of our annual methodology review process. This notice was delayed past its original May 2 schedule. No feedback was received during the consultation period and therefore no changes will be made to the methodology at this stage. This consultation sought to ensure that our methodologies continue to reflect the […]
The publication of Fastmarkets’ assessments of Shanghai bonded aluminium, zinc and nickel stocks for April 30 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The data effective for April 30 was published on May 7 as a result. The following assessments were affected:Shanghai aluminium bonded stocksShanghai zinc bonded stocksShanghai nickel […]