Glimmers of improving inquiry and increased sales volumes were blunted by an ongoing sense of oversupply and weak demand.
In the week ending May 3, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$383 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down -$25, or -6%,from the previous week when it was $408.
That week’s price is down -$47, or -11%, from one month ago when it was US$430 mfbm.
Compared to the same week last year, when it was US$360 mfbm, that week’s price is up +$23, or +6%.
In the week ending May 3, 2024, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$330 mfbm. This is flat from the previous week when it was US$330 mfbm.
That week’s price is down -$28, or -8%, from one month ago when it was US$358 mfbm.
Compared to the same week last year, when it was US$525 mfbm, that week’s price is down -$195, or -37%.
