Current lumber, pulp and panel prices
March 22, 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 | March 17, 2023 | March 10, 2023 | 4-week average | 52-weeks average |
---|---|---|---|---|
2x4 eastern spruce-pine-fir (Canadian dollars)Footnote a | 560 | 580 | 579 | 853 |
Composite (U.S. dollars)Footnote a | 407 | 407 | 414 | 596 |
2x4 western spruce-pine-fir (kiln dried) #2 and better (U.S. dollars)Footnote b | 364 | 380 | 390 | 612 |
2x4 western spruce-pine-fir (kiln dried) Utility #3 (U.S. dollars)Footnote b | 264 | 220 | 253 | 508 |
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 | March 17, 2023 | March 10, 2023 | 4-week average | 52-week average |
---|---|---|---|---|
Composite (U.S. dollars)Footnote a | 510 | 511 | 510 | 676 |
15/32" 4-ply exterior (south) (U.S. dollars)Footnote a | 558 | 558 | 558 | 684 |
9.5mm 4-ply exterior (west) (Canadian dollars)Footnote b | 600 | 630 | 623 | 737 |
7/16" oriented strand board (north central) (Canadian dollars)Footnote b | 340 | 340 | 340 | 567 |
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
February 2023 | January 2023 | 3-months average | 12-months average | |
---|---|---|---|---|
Northern bleached softwood kraft pulp (U.S.) | 1,675 | 1,700 | 1,698 | 1,738 |
Northern bleached softwood kraft pulp (Europe) | 1,375 | 1,395 | 1,393 | 1,434 |
Northern bleached softwood kraft pulp (China) | 895 | 890 | 895 | 947 |
Bleached chemithermomechanical pulp (China)Footnote b | 640 | 637.5 | 639 | 683 |
Exchange rates
Figure 4: Weekly exchange rates

Source: Federal Reserve
View the table for weekly exchange rates
Table 4: Weekly exchange rates
March 17, 2023 | March 10, 2023 | 4-week average | 52-week average | |
---|---|---|---|---|
Euro—U.S. | 1.065 | 1.061 | 1.062 | 1.042 |
Canada—U.S. | 0.728 | 0.728 | 0.732 | 0.759 |
External services provide price information. Access to the underlying data is restricted.
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