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Increased demand rises some lumber prices slightly: Madison’s
June 27, 2023 By Madison's Lumber Reporter
In the week ending June 16, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$390 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$30, or +8%, from the previous week when it was $360.
That week’s price is up by +$33, or +9%, from one month ago when it was US$358 mfbm.
Compared to the same week last year, when it was US$660 mfbm, that week’s price is down by -$270, or -41%. Compared to two years ago when it was US$1,275 mfbm, that week’s price is down by -$885 or -69%.
In the week ending June 16, 2023, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$410 mfbm. This is down by -$15 or -4% compared to the previous week when it was US$425 mfbm.
That week’s price is down by -$89, or -18%, from one month ago when it was US$499 mfbm.
Compared to the same week last year, when it was US$685 mfbm, that week’s price is down by -$275, or -40%. Compared to two years ago when it was US$1,090 mfbm, that week’s price is down by -$680 or -62%.
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