What indices are included in the spruce price index?

This release is published twice a year and comprises the following price indices: the Coniferous Standing Sales Price Index, the Softwood Sawlog Price Index (including spruce and other conifers sub-indices) and the Small Roundwood Price Index.

How much is a board foot of lumber?

Conversion. Lumber Price. Price. 1 board foot ≈ 2.359,74 cm³. Lumber Price Per 1 cm³. 0.01 USD.

Why were lumber prices below $550 per thousand feet in December?

Lumber prices held below $550 per thousand feet benchmark in December, as investors continued to weigh demand against tighter supply. The industry saw an approximately 2-3% decline in supply so far in 2023 due to reduced production in North America.

How much has lumber increased since 2023?

Lumber increased 46.56 USD/1000 board feet or 9.38% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber - values, historical data, forecasts and news - updated on December of 2023.