Increased production volume leads to drop in lumber prices
In the week ending August 4, the price of Western S-P-F 2×4 #2&Btr KD (RL)
was US$426 mfbm. This is down by $29, or seven per cent, from the previous
week when it was $458.
That week’s price is down by $29, or six per cent, from one month ago when
it was US$455 mfbm.
Compared to the same week last year, when it was US$610 mfbm, that week’s
price is down by $184, or 30 per cent. Compared to two years ago when it was
US$539 mfbm, that week’s price is down by $113 or 21 per cent.
In the week ending August 4, the price of Southern Yellow Pine East Side 2×4
#2&Btr KD (RL) was US$415 mfbm. This is down by $10, or two per cent, from
the previous week when it was $425.
That week’s price is down by $5, or one per cent, from one month ago when it
was US$420 mfbm.
Compared to the same week last year, when it was US$805 mfbm, that week’s
price is down by $390, or 49 per cent. Compared to two years ago when it was
US$515 mfbm, that week’s price is down by $100 or 19 per cent.
Madison’s Benchmark Top-Six Softwood Lumber and Panel Prices: Monthly
Averages
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