How has the lumber composite price changed over the past month?

The Random Lengths framing lumber composite price rose 0.5% (the first weekly increase in six weeks). Prices are down 8.1% over the past month, and down 7.2% compared to a year ago. The price of lumber futures fell 1.2% (down 9% in the past month). The structural panel composite price was down 4.2%.

What happened to lumber prices in 2024?

Summary of the week-to-week lumber prices and plywood prices (for the week ending May 10, 2024): The Random Lengths framing lumber composite price rose 0.5% (the first weekly increase in six weeks). Prices are down 8.1% over the past month, and down 7.2% compared to a year ago. The price of lumber futures fell 1.2% (down 9% in the past month).

How are plywood prices sourced?

The information is sourced each week using the Random Lengths Framing Lumber Composite which is comprised using prices from the highest volume-producing regions of the U.S. and Canada. A summary of other wood prices, including plywood prices, is included below.