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August 11, 2023

N. American Southern Pine prices resilient against market conditions

The Southern Pine Composite Price averaged $445 through the end of June. If that trend holds through the second half, SYP prices will sink to the lowest annual average since 2019, before the pandemic. Monthly averages lagged the year-ago pace throughout the first half. However, the first-half decline in the South was mild compared to the plunge in most other species. The Random Lengths Framing Lumber Composite Price averaged $411 in the first half, down $388 compared to the average throughout 2022. The chart shows the RLFLC average was $75 higher than the Southern Pine Composite ...

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