Current lumber, pulp and panel prices

December 3, 2025

The most recent prices for key forest sector products in Canada published on a weekly basis by the Canadian Forest Service.

Information includes:

Figure 1: Weekly lumber prices in North America

This table shows weekly softwood lumber prices in North America for the current week, as well as a 4-week and 52 week averages.
Dollars per thousand board feet	November 28, 2025	November 21, 2025	4-week average	52-weeks average
2x4 eastern spruce-pine-fir (Canadian dollars)^Footnote^a	525	535	541	631
Composite (U.S. dollars)^Footnote^a	366	370	375	429
2x4 western spruce-pine-fir (kiln dried) #2 and better (U.S. dollars)^Footnote^b	390	390	405	470
2x4 western spruce-pine-fir (kiln dried) Utility #3 (U.S. dollars)^Footnote^b	262	262	252	315

Figure 2: Weekly panel prices in North America

This table shows weekly panel prices in North America for the current week, as well as a 4-week and 52 week averages.
Dollars per thousand square feet	November 28, 2025	November 21, 2025	4-week average	52-week average
Composite (U.S. dollars)^Footnote^a	436	439	438	484
15/32" 4-ply exterior (south) (U.S. dollars)^Footnote^a	494	492	488	501
9.5mm 4-ply exterior (west) (Canadian dollars)^Footnote^b	621	621	628	614
7/16" oriented strand board (north central) (Canadian dollars)^Footnote^b	315	315	320	395

Figure 3: Monthly pulp prices

U.S. dollars per metric ton

This table shows monthly prices of U.S.-NBSK pulp, Europe-NBSK pulp, China-NBSK pulp and China-BCTMP as well as their 3- and 12-month average in U.S. dollars per metric ton.
	October 2025	September 2025	3-months average	12-months average
Northern bleached softwood kraft pulp (U.S.)	1,620	1,600	1,640	1,728
Northern bleached softwood kraft pulp (Europe)	1,495	1,490	1,492	1,518
Northern bleached softwood kraft pulp (China)	665	680	677	738
Bleached chemithermomechanical pulp (China)^Footnote^b	430	440	437	439

Figure 4: Weekly exchange rates

External services provide price information. Access to the underlying data is restricted.