Rebound in N. American lumber prices

With February looming, lumber prices popped back up to recover a drop toward the end of January. In the week ending Jan. 29, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr jumped +$46, or +5%, to US$940 mfbm, from $894 the previous week. Last week’s price is +$6 more than it was one month ago when it was $894.

Compared to the price one-year-ago, of US$402 mfbm, last week benchmark softwood lumber item Western S-P-F KD 2×4 #2&Btr was selling for US$940 mfbm which is +538, or +57% more.