The frenzied tone of lumber sales attenuated in most product categories in North-America. Supply remained tight as a drum and prices were firm or up.
In the week ending November 15, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2x4 #2&Btr KD (RL) was US$460 mfbm. This is up +$16, or +4%, from the previous week when it was $444, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter.
That week’s price is up +$57, or +14%, from one month ago when it was $403.
Compared to the same week last year, when it was US$404 mfbm, that week’s price was up +$56, or +14%. Compared to two years ago when it was $490, that week’s price was down -$30, or -6%.
In the week ending November 15, 2024, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$435 mfbm. This is down -$25, or -5%, from the previous week when it was $460.
That week’s price is down -$30, or -6%, from one month ago when it was $465.
When compared to the same week last year, when it was $405, that week’s price was up +$30, or +7%. Compared to two years ago when it was $455, that week’s price was down -$20, or -4%.
