Current lumber, pulp and panel prices
May 31, 2023
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 in North America
- panel prices in North America
- monthly pulp prices in the United States, Europe and China
- exchange rates for Canada's main trade partners
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
Dollars per thousand board feet | May 26, 2023 | May 19, 2023 | 4-week average | 52-weeks average |
---|---|---|---|---|
2x4 eastern spruce-pine-fir (Canadian dollars)Footnote a | 555 | 560 | 559 | 693 |
Composite (U.S. dollars)Footnote a | 389 | 395 | 400 | 486 |
2x4 western spruce-pine-fir (kiln dried) #2 and better (U.S. dollars)Footnote b | 350 | 360 | 358 | 473 |
2x4 western spruce-pine-fir (kiln dried) Utility #3 (U.S. dollars)Footnote b | 306 | 306 | 306 | 389 |
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
Dollars per thousand square feet | May 26, 2023 | May 19, 2023 | 4-week average | 52-week average |
---|---|---|---|---|
Composite (U.S. dollars)Footnote a | 536 | 537 | 537 | 578 |
15/32" 4-ply exterior (south) (U.S. dollars)Footnote a | 543 | 553 | 553 | 610 |
9.5mm 4-ply exterior (west) (Canadian dollars)Footnote b | 570 | 580 | 578 | 643 |
7/16" oriented strand board (north central) (Canadian dollars)Footnote b | 415 | 415 | 414 | 426 |
Pulp prices
Figure 3: Monthly pulp prices
U.S. dollars per metric ton

Source: Brian McClay and Associates Inc., used with permission granted by the publisher
View the table for monthly pulp prices
Table 3: Monthly pulp pricesFootnote a
April 2023 | March 2023 | 3-months average | 12-months average | |
---|---|---|---|---|
Northern bleached softwood kraft pulp (U.S.) | n.a. | 1,650 | 1,675 | 1,741 |
Northern bleached softwood kraft pulp (Europe) | 1,290 | 1,340 | 1,335 | 1,425 |
Northern bleached softwood kraft pulp (China) | 745 | 860 | 833 | 915 |
Bleached chemithermomechanical pulp (China)Footnote b | 505 | 620 | 588 | 663 |
Exchange rates
Figure 4: Weekly exchange rates

Source: Federal Reserve
View the table for weekly exchange rates
Table 4: Weekly exchange rates
May 26, 2023 | May 19, 2023 | 4-week average | 52-week average | |
---|---|---|---|---|
Euro—U.S. | 1.075 | 1.083 | 1.089 | 1.045 |
Canada—U.S. | 0.737 | 0.742 | 0.740 | 0.750 |
External services provide price information. Access to the underlying data is restricted.
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