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Increased housing construction activity brings higher lumber prices: Madison’s
July 11, 2023 By Madison’s Lumber Reporter
In the week ending June 30, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$436 mfbm. This is up by $30, or seven per cent, from the previous week when it was $406.
That week’s price is up by $79, or 22 per cent, from one month ago when it was US$358 mfbm. Compared to the same week last year, when it was US$630 mfbm, that week’s price is down by $194, or 31 per cent. Compared to two years ago when it was US$900 mfbm, that week’s price is down by $464 or 52 per cent.
In the week ending June 30, 2023, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$405 mfbm. This is up by $5 or one per cent, compared to the previous week when it was US$400 mfbm.
That week’s price is down by $94, or 19 per cent, from one month ago when it was US$499 mfbm.
Compared to the same week last year, when it was US$670 mfbm, that week’s price is down by $265, or 40 per cent. Compared to two years ago when it was US$755 mfbm, that week’s price is down by $350 or 46 per cent.
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