The Canada-wide rail strike dominated the conversation this week. Prices of some dimension items continued to strengthen, led by 2x6 and 2x12 in most cases.
In the week ending August 23, 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 up +$6, or +2%, from the previous week when it was $390.
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 $624, that week’s price is down -$228, or -37%.
In the week ending August 23, 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 $423, that week’s price is down -$28, or -7%. Compared to two years ago when it was $800, that week’s price is down -$405, or -51%.
