Lumber Prices and Market Update: Oct 2022 [video]

Staying even from the previous week, in the week ending October 28, 2022, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was again US$480 mfbm, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter.

This is down by -$44, or -8%, from one month ago when it was US$524 mfbm.

Compared to the same week last year, when it was US$630 mfbm, the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) for the week ending October 28, 2022 was down by -$150, or -24%.

Compared to two years ago when it was $660, that week’s price is down by -$180, or -27%.


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