Industry News
Markets
News
Lumber prices flat on low sales volumes: Madison’s
A major sawmill closure in Western Canada made waves during an otherwise quiet winter week of sales for the lumber industry
February 6, 2024 By Madison’s Lumber Reporter
In the week ending Jan. 26, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$442 mfbm. This is flat from the previous week when it was $442. That week’s price is up by $31, or eight per cent from one month ago when it was $411 mfbm.
Compared to the same week last year, when it was $394 mfbm, that week’s price is up by $48, or 12 per cent. Compared to two years ago when it was $1,220 mfbm, that week’s price is down by $778 or 64 per cent.
In the week ending Jan. 26, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was $417 mfbm. This is down by $28, or six per cent, from the previous week when it was $445 mfbm.
That week’s price is down by $36, or eight per cent from one month ago when it was US$453 mfbm.
Compared to the same week last year, when it was $455 mfbm, that week’s price is down by $38, or eight per cent. Compared to two years ago when it was $1,515 mfbm, that week’s price is down by $1,098, or 72 per cent.
Print this page
