Demand was a jot slower following the frenzy generated by last week’s short-lived Canada-wide rail strike. All eyes were on post-Labour Day (Sept. 2) long weekend for indication of market conditions.
In the week ending August 30, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$396 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $396.
That week’s price is up +$57, or +17%, from one month ago when it was US$339 mfbm.
When compared to the same week last year, when it was $420, that week’s price is down -$24, or -6%. Compared to two years ago when it was $555, that week’s price is down -$159, or -29%.
In the week ending August 30, 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 +$46, or +13%, from one month ago when it was US$349 mfbm.
When compared to the same week last year, when it was $445, that week’s price is down -$50, or -11%. Compared to two years ago when it was $760, that week’s price is down -$365, or -48%.
