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

Mid-August lull sees decrease in lumber prices

[Aug 22, 2023]


Lumber and panel market weekly report ---- Week 31 2023
By Madison's Lumber Reporter
In the week ending August 11, the price of Western S-P-F 24 #2&Btr KD (RL) was US$397 mfbm. This is down by $29, or seven per cent, from the previous week when it was $426.

That week’s price is down by $58, or 13 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 $213, or 35 per cent. Compared to two years ago when it was US$539 mfbm, that week’s price is down by $142 or 26 per cent.

 
In the week ending August 11, the price of Southern Yellow Pine East Side 24 #2&Btr KD (RL) was US$415 mfbm. This is flat from the previous week.

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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