Pricing notice: Error in SYP (west) #2 2×6-22 price

Due to an error, a price in the November 14, 2024 Random Lengths Lumber Report was published with an incorrect value.

November 15, 2024

By the Fastmarkets team

Lumber/Sawn Timber North America Pricing notice

Fastmarkets has corrected its FP-LBR-0395, LANL, KD SYP (west) 2 2×6 22-foot, which was published incorrectly on November 14, 2024.

The error has been corrected. The correct value is below:

FP-LBR-0395 LANL $780

For comments and queries, please send email to: pricing@fastmarkets.com.

This price is part of the Fastmarkets softwood products package.

For more information or to provide feedback on this correction notice please send email to: pricing@fastmarkets.com. Please add the subject heading re: “SYP (west) #2 2×6-22 price.“

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next

Proposal to launch three domestic Indian recycled testliner price assessments

India’s fast-growing economy, powered by strong consumption, booming e-commerce, and export-focused policies, is driving structural growth in corrugated packaging demand across FMCG, retail, food and beverages, pharmaceuticals, and fresh produce. The ban on single-use plastics and a broader sustainability push have accelerated the shift toward paper-based, recyclable packaging. Our assessment brings clarity to India’s fragmented […]

December 5, 2025

·

By Fastmarkets pricing team

Packaging price trends and supplier cost analysis for FMCG buyers

Understanding packaging market dynamics: Insights for FMCG procurement teams

Discover how FMCG procurement professionals can tackle packaging price volatility with strategic supplier cost analysis. Learn how tracking packaging prices and understanding supplier costs empowers buyers to secure reliable, cost-effective supply in a rapidly changing market.

December 5, 2025

·

By the Fastmarkets team

Launch of Crude palm oil mill effluent, fob Malaysia, Refined palm oil mill effluent, fob Indonesia

Fastmarkets is launching two price assessments for palm oil mill effluent (POME) for loading out of ports in Malaysia in Indonesia, to meet growing interest from biofuel producers and consumers in Europe and other parts of Asia. The first publication of these two price assessments will be on Thursday December 4 and will be published […]

December 4, 2025

·

By Fastmarkets pricing team

Proposal to amend US SAF methodology: pricing notice

Fastmarkets proposes to amend the methodology for assessing sustainable aviation fuel (SAF) base cost of production in the US, effective January 5, 2026.

December 3, 2025

·

By Fastmarkets pricing team

Clarification of inclusion of exchange-linked data for low- and high-grade iron ore indices

Fastmarkets wishes to clarify the conversion factor for Singapore Exchange (SGX) iron ore derivative forward curves data used to assess its low-grade and high-grade iron ore indices.

December 3, 2025

·

By Fastmarkets pricing team

Lumber, Wood, Plant

SYP futures: Seven essential insights on hedging lumber risk

Southern Yellow Pine (SYP) is moving to the beat of its own drum. While lumber markets have historically moved in tandem, recent data shows SYP prices are decoupling from other species like Spruce-Pine-Fir (SPF). In a post-pandemic market, the correlation between SYP and SPF has plummeted from over 80% to nearly zero. This fundamental shift underscores the growing need for a dedicated hedging tool for the world's fastest-growing lumber market.

December 3, 2025

·

By the Fastmarkets team