Lumber Prices and Market Update: Feb 2023


In the week ending February 10, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$476 mfbm, which is up by +$16 or +3%, from the previous week when it was US$360 mfbm, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter.
This is up by +$104, or +28%, from one month ago when it was $373.

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Compared to the same week last year, when it was US$1,220 mfbm, the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) for the week ending February 10, 2023 this price was down by -$744, or -61%.

Compared to two years ago when it was $960, that week’s price is down by -$484, or -50%.