Lumber

Softwood lumber 2026 outlook: Japan & Thailand demand, WEF results and U.S./Korea housing trends hint at a moderate price rally.

US lumber prices rise to $594/1k ft amid supply limits, labor shortages, and Iran‑related shipping delays, keeping prices near 52‑week highs.

US lumber futures hit $585/ton amid EU export dips, Asian production rises, and U.S. demand growth, hinting at a steady price rise toward $600‑$620/ton before summer harvest.

Explore the latest lumber market update: spot price $539.50/1000 bf, 52‑week range $516‑$698.5, and key industry trends driving demand and price outlook.

Global lumber markets are responding to a mix of trade policy shifts, corporate consolidations, and production curtailments, with the US lumber price settling at $654.50 on October 15, 2025, amidst a complex and uncertain market environment.

The lumber market is experiencing significant shifts due to tariffs and global economic factors, with Canada announcing a $1.2 billion financial intervention to support its lumber industry.