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US softwood lumber prices continue to rise

31.05.2018 − 

On 18 May - at an average US$647/1,000 bdft for the benchmark grade SPF 2x4 #2&Btr ex mill - the value increased for the seventh consecutive week to a new record price level. Just the week before, at US$619/1,000 bdft, a value above the US$600 threshold was reached for the first time.

The average price recorded by Random Lengths was therefore US$18 higher than the preceding week and meanwhile surpasses the preceding year’s figure by some 70%.

The framing lumber composite price (FLCP) calculated across all ranges correspondingly increased and reached what is a record level at US$568/1,000 bdft in the third week of May.

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