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Lumber prices flatten as construction season closes: Madison’s
November 1, 2023 By Madison’s Lumber Reporter
In the week ending October 20, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$374 mfbm. This is down by -$8, or -2%, from the previous week when it was $382.
That week’s price is down by $39 or nine per cent from one month ago when it was $413 mfbm.
Compared to the same week last year, when it was $445 mfbm, that week’s price is down by $71, or 16 per cent. Compared to two years ago when it was $595 mfbm, that week’s price is down by $221 or 37 per cent.
In the week ending October 20, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was $455 mfbm. This is down by $25, or five per cent from the previous week when it was $480.
That week’s price is down by $60, or 12 per cent, from one month ago when it was $515 mfbm.
Compared to the same week last year, when it was US$495 mfbm, that week’s price is down by $40, or eight per cent. Compared to two years ago when it was $680 mfbm, that week’s price is down by $225, or 33 per cent.
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