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Madison’s Reporter: Year-End 2023 Lumber Prices Match 2022 Levels

Analysis
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In the week ending December 8, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$408 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$6, or -1%, compared to the previous week when it was $414.

That week’s price is up by +$5, or +1%, from one month ago when it was US$403 mfbm.

Compared to the same week last year, when it was US$400 mfbm, that week’s price is up by +$14, or +3%. Compared to two years ago when it was US$710 mfbm, that week’s price is down by -$296 or -42%.

Madison's TOP SIX Benchmark Dimension Softwood Lumber and Panel Prices - December 1, 2023

In the week ending December 8, 2023, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$445 mfbm. This is up by +$15, or +4%,  from the previous week when it was US$430 mfbm.

That week’s price is up by +$31, or +7%, from one month ago when it was US$414 mfbm.

Madison’s Benchmark Top-Six Softwood Lumber and Panel Prices: Monthly Averages

Madison's Lumber Reporter Weekly Prices Dashboard - December 1, 2023

Compared to the same week last year, when it was US$445 mfbm, that week’s price is flat. Compared to two years ago when it was US$835 mfbm, that week’s price is down by -$390, or -47%.

About Madison’s Lumber Reporter

Established in 1952, Madison’s Lumber Prices is your premiere source for North American softwood lumber news, prices, industry insight, and industry contacts. The weekly Madison’s Lumber Reporter publishes current Canadian and US construction framing dimension lumber and panel wholesaler pricing information 50 weeks a year and access to historical pricing as well.

Contact:

Keta Kosman – Publisher, Madison’s Lumber Reporter – (604) 319-2266 – https://madisonsreport.com/

Source: Madison’s Lumber Reporter