What we can offer you

We provide detailed transactional data, cost benchmarks and in-depth analytics for participants in the wood raw materials supply chain.
  • Pricing Data
  • Benchmarks
  • Product Forecasting
  • Advisory Services
  • Analytics
Learn More

SilvaStat360 Platform

  • Price Benchmarks
  • The Beck Group’s Sawmill TQ
  • Timber Supply Analysis 
  • Global Economic Data

Explore Forest2Market's Interactive Business Intelligence Platform

Learn More


From biomass suppliers in the Baltics to pulp producers in Brazil and TIMOs in the United States, Forest2Market provides products and services for suppliers, producers and other stakeholders in the global forest products industry.

Learn More

BREAKING: SYP Lumber Prices Hit New Record High

February 22, 2021
Author: John Greene

Prices for North American softwood lumber continue to move ever higher as we cross the midway point of 1Q2021. Southern yellow pine (SYP) lumber prices set new records last month before temporarily dropping for three consecutive weeks. We’re now seeing a two-week rally take shape that has driven Forest2Market’s composite SYP lumber price to a new all-time high.

Forest2Market’s composite SYP lumber price for the week ending February 19 (week 7) was $977/MBF, a 3.4% increase from the previous week’s price of $945/MBF and a 178% increase over the same week last year.

A look back at 2020 price trends illustrates the incredible surge that developed in 2Q before peaking in 3Q, and the trend that has formed thus far in 2021 is equally astonishing.

  • 1Q2020 Average Price: $360/MBF
  • 2Q2020 Average Price: $456/MBF
  • 3Q2020 Average Price: $761/MBF
  • 4Q2020 Average Price: $580/MBF
  • YTD2021 Average Price: $948/MBF



According to fresh data from the US Census Bureau, privately-owned housing starts in January were at a seasonally adjusted annual rate of 1.580 million units (MU), which is 6.0 percent below the revised December estimate of 1.680 MU and 2.3 percent below the January 2020 rate of 1.617 MU. Single-family housing starts in January were at a rate of 1.162 MU, which is 12.2 percent below the revised December figure of 1.323 MU.

CNBC notes that “higher lumber costs are likely behind a drop in January housing starts.”

“Builders report concerns over increasing lumber and other construction costs and delays in obtaining building materials,” wrote Robert Dietz, chief economist at the National Association of Home Builders. “Rising interest rates will also erode housing affordability in 2021, as inventories of existing homes remain low.”

A reasonably robust economy (all things considered) has driven strong demand for new homes, which has combined with record low interest rates to push prices higher. “At some point, however, the basic reality of affordability should at least slow some of the growth,” added CNBC.

weekly lumber market report and benchmark

Back to Blog

You May Also be Interested In

November 01, 2022
WRI Market Insights: Global Softwood Lumber Markets
Global trade of softwood lumber fell about 10% in the first half of 2022 compared to the same period in 2021. Most of...
Continue Reading
October 24, 2022
Southern Lumber Prices Continue to Inch Down
After jumping 12% in August due in large part to strong demand from the multi-family construction sector, US housing...
Continue Reading
September 20, 2022
WRI Market Insights: 2Q22 Global Forest Markets & Price Performance
Global Timber Markets
Continue Reading