In the week ending September 13, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$410 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$4, or +1%, from the previous week when it was $406.

Lumber

Benchmark lumber price meets level of same week one year ago

Benchmark lumber price meets level of same week one year ago

Image: Depositphotos

In a week of otherwise slow sales, another sawmill-closure announcement generated increased demand early on.

In the week ending September 13, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$410 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$4, or +1%, from the previous week when it was $406.

That week’s price is up +$28, or +7%, from one month ago when it was US$382 mfbm.

When compared to the same week last year, when it was $410, that week’s price is flat. Compared to two years ago when it was $520, that week’s price is down -$110, or -21%.

In the week ending September 13, 2024, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$395 mfbm. This is flat from the previous week when it was US$395 mfbm.

That week’s price is up +$5, or +1%, from one month ago when it was US$390 mfbm.

When compared to the same week last year, when it was $515, that week’s price is down -$120, or -23%. Compared to two years ago when it was $655, that week’s price is down -$260, or -40%.