Some glimmers of hope appeared with spruce and hem/fir dimension lumber
sales; demand for panels continued to languish by comparison.
In the week ending July 19, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL)
was US$330 mfbm, said forest products industry price guide newsletter
Madison’s Lumber Reporter. This is down -$2, or -1%, from the previous week
when it was $332.
That week’s price is down -$38, or -10%, from one month ago when it was
US$368 mfbm.
When compared to the same week last year, when it was $458, this week’s
price is down -$126, or -28%. Compared to two years ago when it was $664,
this week’s price is down -$334, or -50%.
In the week ending July 19, 2024, the price of Southern Yellow Pine East
Side 2x4 #2&Btr KD (RL) was US$350 mfbm. This is up +$10, or +3%,from the
previous week when it was US$340 mfbm.
That week’s price is down -$8, or -2%, from one month ago when it was US$358
mfbm.
When compared to the same week last year, when it was $425, this week’s
price is down -$75, or -18%. Compared to two years ago when it was $725,
this week’s price is down -$375, or -52%.
MADISON’S BENCHMARK TOP-SIX SOFTWOOD LUMBER AND PANEL PRICES: MONTHLY
AVERAGES
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