Demand for much of the North American solid wood commodities showed improvement this week, particularly SPF lumber and studs.
In the week ending July 26, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$348 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up +$18, or +5%, from the previous week when it was $330.
That week’s price is down -$20, or -5%, 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 -$110, or -24%. Compared to two years ago when it was $684, this week’s price is down -$336, or -49%.
In the week ending July 26, 2024, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$365 mfbm. This is up +$15, or +4%,from the previous week when it was US$340 mfbm.
That week’s price is up +$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 -$60, or -14%. Compared to two years ago when it was $765, this week’s price is down -$400, or -52%.
