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U.S. & Canada lumber and panel market weekly reports

Increased demand rises some lumber prices slightly

[Jun 28, 2023]


Lumber and panel market weekly report ---- Week 23, 2023
By Madison's Lumber Reporter
In the week ending June 16, 2023, the price of Western S-P-F 24 #2&Btr KD (RL) was US$390 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$30, or +8%, from the previous week when it was $360.

That week’s price is up by +$33, or +9%, from one month ago when it was US$358 mfbm.

Compared to the same week last year, when it was US$660 mfbm, that week’s price is down by -$270, or -41%. Compared to two years ago when it was US$1,275 mfbm, that week’s price is down by -$885 or -69%.


 
In the week ending June 16, 2023, the price of Southern Yellow Pine East Side 24 #2&Btr KD (RL) was US$410 mfbm. This is down by -$15 or -4% compared to the previous week when it was US$425 mfbm.

That week’s price is down by -$89, or -18%, from one month ago when it was US$499 mfbm.

Compared to the same week last year, when it was US$685 mfbm, that week’s price is down by -$275, or -40%. Compared to two years ago when it was US$1,090 mfbm, that week’s price is down by -$680 or -62%.


Madison’s Benchmark Top-Six Softwood Lumber and Panel Prices: Monthly Averages

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