US softwood lumber prices rise further

As the end of September approached, the demand and sales of construction framing dimension softwood lumber commodities improved significantly, enough for prices to rise somewhat. This is an unusual time of year, after Labour Day, for solid wood building material prices to be rising. However, the current trend does echo the price movement of last year.

There was a brief pause the previous week as this price remained flat, then for the week of September 24, 2021 the price of Western S-P-F 2×4 #2&Btr KD (RL) rose to US$510 mfbm ($330/m³), a +$30, or +6%, increase from the previous week when it was $480. That week’s price was up by +$63, or +14%, from one month ago when it was $447.