In the week ending September 27, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$394 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down -$10, or -2%, from the previous week when it was $404.

Lumber

Changing macro-economic conditions dominated the lumber market

Changing macro-economic conditions dominated the lumber market

Image: Depositphotos

It was another flat week; producers largely held on to their prices while buyers stuck to LTL fill-in purchasing through the distribution network.

In the week ending September 27, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$394 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down -$10, or -2%, from the previous week when it was $404.

That week’s price is up +$12, or +3%, from one month ago when it was US$382 mfbm.

When compared to the same week last year, when it was $400, that week’s price is down -$6, or -2%. Compared to two years ago when it was $520, that week’s price is down -$126, or -24%.

In the week ending September 27, 2024, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$410 mfbm. This is up +$10, or +3%, from the previous week when it was US$400 mfbm.

That week’s price is up +$20, or +5%, from one month ago when it was US$390 mfbm.

When compared to the same week last year, when it was $530, that week’s price is down -$120, or -23%. Compared to two years ago when it was $595, that week’s price is down -$185, or -31%.