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Steady sales boost lumber prices slightly: Madison’s
August 14, 2024 By Madison’s Lumber Reporter
Amid sustained demand and takeaway, most lumber and stud commodity prices stayed firm or appreciated. Plywood and OSB continued to struggle by comparison, the latter being particularly frustrating for players.
In the week ending August 2, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$354 mfbm. This is up $6, or two per cent, from the previous week when it was $348.
That week’s price is up $15, or four per cent from one month ago when it was $339 mfbm. When compared to the same week last year when it was $426, this week’s price is down $72, or 17 per cent.
In the week ending August 2, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was $380 mfbm. This is up $15, or four per cent from the previous week when it was $365 mfbm.
That week’s price is up $31, or nine per cent from one month ago when it was $349 mfbm.
When compared to the same week last year when it was $415, this week’s price is down $35, or eight per cent.
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