North American lumber and stud prices advanced steadily as demand marched forward. Panels were a hand-wringing affair for secondary suppliers.
In the week ending March 1, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$452 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up +$10 or +2% from the previous week when it was $442.
That week’s price is up by +$8, or +2%, from one month ago when it was US$444 mfbm.
Compared to the same week last year, when it was US$400 mfbm, that week’s price is up by +$52, or +13%.
In the week ending March 1, 2024, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$415 mfbm. This is up by +$5, or +1%, from the previous week when it was US$410 mfbm.
That week’s price is up by +$10, or +2%, from one month ago when it was US$405 mfbm.
Compared to the same week last year, when it was US$507 mfbm, that week’s price is down by -$92, or -18%.
