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Limited supply keeps lumber prices higher: Madison’s
November 28, 2023 By Madison's Lumber Reporter
In the week ending November 17, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$404 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week.
That week’s price is up by +$20, or +5%, from one month ago when it was US$384 mfbm.
Compared to the same week last year, when it was US$490 mfbm, that week’s price is down by -$86, or -18%. Compared to two years ago when it was US$620 mfbm, that week’s price is down by -$216 or -35%.
In the week ending November 17, 2023, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$405 mfbm. This is flat from the previous week.
That week’s price is down by -$64, or -14%, from one month ago when it was US$469 mfbm.
Compared to the same week last year, when it was US$455 mfbm, that week’s price is down by -$50, or -11%. Compared to two years ago when it was US$820 mfbm, that week’s price is down by -$415, or 51%.
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