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Sales volumes of lumber increase as prices remain even: Madison’s

Commodity prices were flat or on either side of the previous week’s levels as the standoff between supply and demand persisted. Players waited with bated breath for the floodgates to open.

In the week ending Feb. 23, 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 down by $3, or one per cent from one month ago when it was $445 mfbm.

Compared to the same week last year when it was $417 mfbm, that week’s price is up by $25, or six per cent. Compared to two years ago when it was $1,330, that week’s price is down by $888, or 67 per cent.

In the week ending Feb. 23, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was $410 mfbm. This is up by $7, or two per cent from the previous week when it was $403 mfbm. That week’s price is down by $38, or eight per cent from one month ago when it was $448 mfbm.

Compared to the same week last year when it was $517 mfbm, that week’s price is down by $107, or 21 per cent. Compared to two years ago when it was $1,400, that week’s price is down by $990, or 71 per cent.