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Lumber prices flatten as July waned: Madison’s
August 1, 2023 By Madison's Lumber Reporter
In the week ending July 21, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$458 mfbm. This is flat from the previous week when it was US$458.
That week’s price is up by $68, or 17 per cent, from one month ago when it was US$390 mfbm.
Compared to the same week last year, when it was US$664 mfbm, that week’s price is down by $206, or 31 per cent. Compared to two years ago when it was US$555 mfbm, that week’s price is down by $97 or 17 per cent.
In the week ending July 21, 2023, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$425 mfbm. This is up by $7 or two per cent compared to the previous week when it was US$418 mfbm.
That week’s price is up by $8, or two per cent from one month ago when it was US$417 mfbm.
Compared to the same week last year, when it was US$725 mfbm, that week’s price is down by $300, or 41 per cent. Compared to two years ago when it was US$510 mfbm, that week’s price is down by $85 or 17 per cent.
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