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Late-season demand pushes lumber prices up: Madison’s
September 5, 2023 By Madison’s Lumber Reporter
In the week ending August 25, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$420 mfbm. This is up by $10, or two per cent, from the previous week when it was $410.
That week’s price is down by $35, or eight per cent, from one month ago when it was US$455 mfbm. Compared to the same week last year, when it was US$624 mfbm, that week’s price is down by $204, or 33 per cent. Compared to two years ago when it was US$390 mfbm, that week’s price is up by $30 or eight per cent.
In the week ending August 25, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$423 mfbm. This is up by $13, or three per cent, from the previous week when it was $410.
That week’s price is up by $4, or one per cent, from one month ago when it was US$420 mfbm. Compared to the same week last year, when it was US$800 mfbm, that week’s price is down by $377, or 47 per cent. Compared to two years ago when it was US$525 mfbm, that week’s price is down by $102 or 19 per cent.
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