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Lumber price trends stabilize: Madison’s
October 25, 2023 By Madison’s Lumber Reporter
In the week ending September 29, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$400 mfbm. This is down by $16, or four per cent, from the previous week when it was $416.
That week’s price is down by $17, or four per cent, from one month ago when it was US$417 mfbm.
Compared to the same week last year, when it was US$510 mfbm, that week’s price is down by $110, or 22 per cent. Compared to two years ago when it was US$480 mfbm, that week’s price is down by $64 or 13 per cent.
In the week ending September 29, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$530 mfbm. This is down by $5, or one per cent, from the previous week when it was $535.
That week’s price is down by $108, or 20 per cent, from one month ago when it was US$422 mfbm.
Compared to the same week last year, when it was US$565 mfbm, that week’s price is down by $35, or six per cent. Compared to two years ago when it was US$575 mfbm, that week’s price is down by $45, or eight per cent.
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