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Late-season pop in sales boosts lumber prices: Madison’s
November 7, 2023 By Madison’s Lumber Reporter
In the week ending October 27, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$380 mfbm. This is up by $6, or two per cent from the previous week when it was $374.
That week’s price is down by $33, or eight per cent from one month ago when it was $413 mfbm. Compared to the same week last year, when it was $480 mfbm, that week’s price is down by $100, or 21 per cent. Compared to two years ago when it was $630 mfbm, that week’s price is down by $250 or 40 per cent.
In the week ending October 27, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was $435 mfbm. This is down by $20, or four per cent from the previous week when it was $455.
That week’s price is down by $80, or 16 per cent from one month ago when it was $515 mfbm. Compared to the same week last year, when it was $465 mfbm, that week’s price is down by $30, or six per cent. Compared to two years ago when it was $735 mfbm, that week’s price is down by $300, or 41 per cent.
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