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What Is the Lumber Composite Index?

The Lumber Composite Index is the weighted-average price of pallet lumber species (SYP, mixed hardwood, oak, maple) tracking quarterly variations in pallet manufacturing input costs.

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Quick Answer: The Lumber Composite Index is the weighted-average price of pallet lumber species (SYP, mixed hardwood, oak, maple) tracking quarterly variations in pallet manufacturing input costs.

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Detailed Answer

Tracked by US Forest Service, NWPCA, Pallet Enterprise. Q-over-Q variations 2-15% common. Drives ~60% of new pallet price variation. USP publishes a tracker at /tools/lumber-index-tracker/.

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