Lumber demand was conspicuously flat amid tepid buying during this holiday-shortened week
In the week ending September 6, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$406 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$10, or +3%, from the previous week when it was $396.
That week’s price is up +$24, or +6%, from one month ago when it was US$382 mfbm.
When compared to the same week last year, when it was $426, that week’s price is down -$20, or -5%. Compared to two years ago when it was $554, that week’s price is down -$148, or -27%.
In the week ending September 6, 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 $480, that week’s price is down -$85, or -18%. Compared to two years ago when it was $700, that week’s price is down -$305, or -44%.
