Fastmarkets clarifies tally specification for southern yellow pine #2 2×4 (eastside)

In response to growing market participation and increased use of its daily southern yellow (SYP) assessment, Fastmarkets is updating the published methodology to provide additional transparency regarding the tally formula used in the price calculation process.

Fastmarkets collects both random tally and specified-length pricing information as part of the assessment process for southern yellow pine #2 2×4 (eastside). An industry-standard formula is used to derive random tally prices from specified-length input when applicable.

Fastmarkets’ methodology has been updated to include the tally used in the 8’-20’ assessment as 1-2-2-3-3-1-1. Fastmarkets may adjust that formula in the future based on industry standards.

FP-LBR-2227 Kiln-dried southern yellow pine (eastside) 2 2×4 rl, daily price, fob mill, $/mbf

This price is part of the Fastmarkets wood products package.

For more information or to provide feedback on this notice or if you would like to provide price information by becoming a data submitter, please contact pricing@fastmarkets.com and wood@fastmarkets.com.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

What to read next
Fastmarkets has launched eight monthly price assessments for tissue jumbo/parent rolls in North America on Friday June 12, 2026.
The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $ per tonne AG-SAF-0005 Sustainable aviation fuel (HVO max), base cost, exw Netherlands, $ per tonne These prices are part of the Fastmarkets aviation and biofuels, fats and oils packages. For more information, or to provide feedback on the delayed publication of […]
Fastmarkets invited feedback from the industry on the pricing methodology for Asia recovered paper and Asia packaging paper and board via an open consultation process between May 5 and June 2, 2026.
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Forest Biomass Finland price indices via an open consultation process between May 13 and June 10, 2026. This consultation was done as part of our published annual methodology review process.
Fastmarkets has corrected its FP-LBR-1245 Kiln-dried eastern spruce-pine-fir stud 2x4 9-ft PET delivered Boston price, which was published incorrectly on Tuesday June 9.
Fastmarkets has corrected the rationale for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, which was published incorrectly on Friday June 5 due to incorrect source data.