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October 15, 2020

Lumber prices high across BC as mills struggle to meet demand

Increased demand and a lack of supply have sent lumber prices soaring across British Columbia, while lumber mills work at full speed to catch up.  As of mid-September, a basic SPF (spruce, pine, fir) two-by-four cost $960 US per thousand board feet, while the annual average in 2019 was $372, according to the Ministry of Forests, Lands, Natural Resource Operations and Rural Development's weekly forest product price tracking.  Susan Yurkovich, president of the B.C. Council of Forest Industries, says lumber mills across the province, the country and the continent closed down ...

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