There was a repetitious feel to the North American lumber market this week. Stable trends were apparent in demand, supply, and commodity pricing.
In the week ending September 20, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$404 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down -$6, or -1%, from the previous week when it was $410.
That week’s price is up +$22, or +6%, from one month ago when it was US$382 mfbm.
When compared to the same week last year, when it was $416, that week’s price is down -$12, or -3%. Compared to two years ago when it was $520, that week’s price is down -$116, or -22%.
In the week ending September 20, 2024, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$400 mfbm. This is up +$5, or +1%, from the previous week when it was US$395 mfbm.
That week’s price is up +$10, or +3%, from one month ago when it was US$390 mfbm.
When compared to the same week last year, when it was $535, that week’s price is down -$135, or -25%. Compared to two years ago when it was $620, that week’s price is down -$220, or -35%.
