Current lumber, pulp and panel prices

March 12, 2025

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

Information includes:

Softwood lumber prices

Figure 1: Weekly lumber prices in North America

Note: Eastern spruce-pine-fir 2x4 #2 and better, Random Lengths composite prices and western spruce-pine-fir 2x4 #2 and better, kiln dried
Sources: 1) Random Lengths, used with publisher's permission
2) Madison's Lumber Reporter, used with permission granted by the publisher

View the table for weekly softwood lumber prices in North America

Table 1: Weekly softwood 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

Mars 7, 2025

February 28, 2025

4-week average

52-weeks average

2x4 eastern spruce-pine-fir (Canadian dollars)Footnote a

655

655

651

624

Composite (U.S. dollars)Footnote a

483

461

461

409

2x4 western spruce-pine-fir (kiln dried) #2 and better (U.S. dollars)Footnote b

535

525

503

418

2x4 western spruce-pine-fir (kiln dried) Utility #3 (U.S. dollars)Footnote b

344

344

339

316

 
 

Panel prices

Figure 2: Weekly panel prices in North America

Note: Random Lengths structural panels composite prices, 15/32" 4-ply exterior southern, 1/2" 4-ply exterior western and 7/16" oriented strand board (north central)
Sources: 1) Random Lengths, used with publisher's permission
2) Madison's Lumber Reporter, used with permission granted by the publisher

View the table for weekly panel prices in North America

Table 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

March 7, 2025

February 28, 2025

4-week average

52-week average

Composite (U.S. dollars)Footnote a

549

547

546

557

15/32" 4-ply exterior (south) (U.S. dollars)Footnote a

579

573

567

544

9.5mm 4-ply exterior (west) (Canadian dollars)Footnote b

621

621

622

615

7/16" oriented strand board (north central) (Canadian dollars)Footnote b

490

510

506

529

 
 

Pulp prices

Figure 3: Monthly pulp prices

U.S. dollars per metric ton

Source: TTO BMA, used with permission granted by the publisher

View the table for monthly pulp prices

Table 3: Monthly pulp pricesFootnote a

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.
 

January 2025

December 2024

3-months average

12-months average

Northern bleached softwood kraft pulp (U.S.)

1,710

1,675

1,690

1,674

Northern bleached softwood kraft pulp (Europe)

1,505

1,485

1,492

1,533

Northern bleached softwood kraft pulp (China)

790

775

780

781

Bleached chemithermomechanical pulp (China)Footnote b

440

440

440

479

 
 

Exchange rates

Figure 4: Weekly exchange rates

Source: Federal Reserve

View the table for weekly exchange rates

Table 4: Weekly exchange rates

This table shows weekly exchange rates for the current week, as well as a 4-week and 52 week averages.
 

March 7, 2025

February 28, 2025

4-week average

52-week average

Euro—U.S.

1.070

1.046

1.050

1.074

Canada—U.S.

0.695

0.697

0.699

0.722

 
Source: Federal Reserve
 

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