Late-season demand pushes lumber prices up

In the week ending September 1, 2023, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$420 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week.

That week’s price is up by +$3, or +1%, from one month ago when it was US$417 mfbm.

Compared to the same week last year, when it was US$554 mfbm, that week’s price is down by -$134, or -24%. Compared to two years ago when it was US$430 mfbm, that week’s price is down by -$10 or -2%.

In the week ending September 1, 2023, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$445 mfbm. This is up by +$22, or +5%, from the previous week when it was $423.

That week’s price is up by +$23, or +6%, from one month ago when it was US$422 mfbm.

Compared to the same week last year, when it was US$700 mfbm, that week’s price is down by -$255, or -36%. Compared to two years ago when it was US$520 mfbm, that week’s price is down by -$75 or -14%.

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