US lumber prices stabilize as trade uncertainty clears

Posted on April 24, 2025   |  

Western Spruce-Pine-Fir (WSPF) dropped to US$505/mfbm in the week ending April 11, 2025—down $40 or 7% from the previous week and $36 or 7% from a month ago.

Despite the short-term drop, WSPF prices were up $53 or 12% year-over-year and up $170 or 51% compared to two years ago.

Southern Yellow Pine East rose to US$505/mfbm, gaining $15 or 3% week-over-week and $38 or 8% month-over-month.

Compared to last year, Southern Yellow Pine East is up $125 or 33%, but down $40 or 7% from two years ago when prices were higher.

Market uncertainty continues as businesses await clearer guidance following the latest tariff announcement, causing hesitation in the lumber sector.