In the week ending June 07, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$384 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $384.

Lumber

Ongoing soft demand brings dip in lumber prices

Ongoing soft demand brings dip in lumber prices

Image: Depositphotos

Demand for North American lumber continued to meander at below seasonally-typical levels of business. Sales of panels were particularly powerless.

In the week ending June 07, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$384 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $384.

That week’s price is up +$1, or 0%, from one month ago when it was US$383 mfbm.

Compared to the same week last year, when it was US$360 mfbm, that week’s price is up +$24, or +7%. Compared to two years ago when it was $660, that week’s price is down -$276, or -42%.

In the week ending June 07, 2024, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$370 mfbm. This is flat from the previous week when it was US$370 mfbm.

That week’s price is up +$18, or +5%, from one month ago when it was US$352 mfbm.

Compared to the same week last year, when it was US$425 mfbm, that week’s price is down -$55, or -13%. Compared to two years ago when it was $725, that week’s price is down by -$355, or -49%.