Extension of consultation for North American lumber, panel and Random Lengths International methodologies — final decision

Random Lengths has concluded its industry consultation, will add delivered Dallas fingerjointed stud prices and make changes to veneer reporting.

On June 20, Random Lengths will publish three new assessed delivered Dallas 2×4-8 fingerjointed stud prices for ES-LP, Fir&Larch, and Western S-P-F. Specifications for those items are as follows:

LCWV Inland kiln-dried engelmann spruce-lodgepole pine fj stud 2×4 8-ft pet delivered Dallas
Size:2×4
Length: 8 ft
Quantity: Carloads or truckloads
Species: Engelmann Spruce-Lodgepole Pine.
Location: Dallas
Grades: Stud
Timing: 2-6 weeks
Unit and currency: US dollars per one thousand board feet
Incoterm: net, delivered
Payment terms: Cash terms; no discounts included
Publication: Online: Thursday (end-week) 3:30-4:30 p.m. PT. PDF: Thursday 4:30-5:30 p.m. PT.

LCXW Inland kiln-dried fir&larch fj stud 2×4 8-ft pet delivered Dallas
Size:2×4
Length: 8 ft
Quantity: Carloads or truckloads
Species: Fir&Larch
Location: Dallas
Grades: Stud
Timing: 2-6 weeks
Unit and currency: US dollars per one thousand board feet
Incoterm: net, delivered
Payment terms: Cash terms; no discounts included
Publication: Online: Thursday (end-week) 3:30-4:30 p.m. PT. PDF: Thursday 4:30-5:30 p.m. PT.

LCXX Kiln-dried western spruce-pine-fir fj stud 2×4 8-ft pet delivered Dallas
Size:2×4
Length: 8 ft
Quantity: Carloads or truckloads
Species: Western Spruce-Pine-Fir.
Location: Dallas
Grades: Stud
Timing: 2-6 weeks
Unit and currency: US dollars per one thousand board feet
Incoterm: net, delivered
Payment terms: Cash terms; no discounts included
Publication: Online: Thursday (end-week) 3:30-4:30 p.m. PT. PDF: Thursday 4:30-5:30 p.m. PT.

Beginning with the June 21 panel report, Random Lengths will scale back its re-porting of the veneer market to more closely align with industry feedback. Random Lengths will discontinue its reporting of all seven Douglas Fir 1/10-inch CD and AB items. The last assessment date for those items will be in the June 14 issue of the panel report. Discontinued items are as follows:

• PALU FP-PNL-0504 West coast veneer douglas fir CD 1/10-inch fob mill mix
• PAJL FP-PNL-0296 West coast veneer douglas fir CD fishtails 1/10-inch fob mill
• PAHG FP-PNL-0287 West coast veneer douglas fir CD 54-inchx8-ft 1/10-inch fob mill
• PAHI FP-PNL-0299 West coast veneer douglas fir AB 54-inchx8-ft 1/10-inch fob mill
• PAIA FP-PNL-0290 West coast veneer douglas fir CD 27-inchx8-ft 1/10-inch fob mill
• PAIC FP-PNL-0300 West coast veneer douglas fir AB 27-inchx8-ft 1/10-inch fob mill
• PAIS FP-PNL-0293 West coast veneer douglas fir CD rw 1/10-inch fob mill

Random Lengths will also move forward with a new assessment for European Spruce #2 2×4 16-foot. Publication of that assessment will coincide with the launch of the new Fastmarkets Dashboard later this summer. We will issue a pricing notice ahead of the launch with full item details.

For other Random Lengths pricing notices please see:
https://www.fastmarkets.com/price-notices

For more information on Random Lengths assessment methodology, please see:
http://www.fastmarkets.com/methodology/forest-products

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