Current lumber, pulp and panel prices

November 26, 2025

The most recent prices for key forest sector products in Canada published on a weekly basis by the Canadian Forest Service.

Information includes:

Figure 1: Weekly lumber prices in North America

This table shows weekly softwood lumber prices in North America for the current week, as well as a 4-week and 52 week averages.
Dollars per thousand board feet	November 21, 2025	November 14, 2025	4-week average	52-weeks average
2x4 eastern spruce-pine-fir (Canadian dollars)^Footnote^a	535	545	553	634
Composite (U.S. dollars)^Footnote^a	370	379	381	430
2x4 western spruce-pine-fir (kiln dried) #2 and better (U.S. dollars)^Footnote^b	390	410	426	471
2x4 western spruce-pine-fir (kiln dried) Utility #3 (U.S. dollars)^Footnote^b	262	250	260	316

Figure 2: Weekly panel prices in North America

This table shows weekly panel prices in North America for the current week, as well as a 4-week and 52 week averages.
Dollars per thousand square feet	November 21, 2025	November 14, 2025	4-week average	52-week average
Composite (U.S. dollars)^Footnote^a	439	439	439	486
15/32" 4-ply exterior (south) (U.S. dollars)^Footnote^a	492	488	483	502
9.5mm 4-ply exterior (west) (Canadian dollars)^Footnote^b	621	634	631	615
7/16" oriented strand board (north central) (Canadian dollars)^Footnote^b	315	325	324	399

Figure 3: Monthly pulp prices

U.S. dollars per metric ton

This table shows monthly prices of U.S.-NBSK pulp, Europe-NBSK pulp, China-NBSK pulp and China-BCTMP as well as their 3- and 12-month average in U.S. dollars per metric ton.
	October 2025	September 2025	3-months average	12-months average
Northern bleached softwood kraft pulp (U.S.)	1,620	1,600	1,640	1,728
Northern bleached softwood kraft pulp (Europe)	1,495	1,490	1,492	1,518
Northern bleached softwood kraft pulp (China)	665	680	677	738
Bleached chemithermomechanical pulp (China)^Footnote^b	430	440	437	439

Figure 4: Weekly exchange rates

External services provide price information. Access to the underlying data is restricted.