Lumber Market and Prices: Jan 2022, Week 3

Continued strong demand combined with restricted supply pushed prices yet higher, so in the week ending January 14, 2022 the price of benchmark lumber item Western S-P-F 2×4 #2&Btr KD (RL) rose by +$70 or +6% to US$1,170 mfbm, from $1,100 the previous week, said forest products industry price guide newsletter Madison’s Lumber Reporter. That week’s price is up by +$367, or +46%, from one month ago when it was $803.

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