Madison’s Reporter: Labour Day Long Weekend Provides No Boost to Lumber Sales

Lumber demand was conspicuously flat amid tepid buying during this holiday-shortened week.

In the week ending September 6, 2024, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$406 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$10, or +3%, from the previous week when it was $396.

That week’s price is up +$24, or +6%, from one month ago when it was US$382 mfbm.

When compared to the same week last year, when it was $426, that week’s price is down -$20, or -5%. Compared to two years ago when it was $554, that week’s price is down -$148, or -27%.

In the week ending September 6, 2024, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$395 mfbm. This is flat from the previous week when it was US$395 mfbm.

That week’s price is up +$5, or +1%, from one month ago when it was US$390 mfbm.

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

When compared to the same week last year, when it was $480, that week’s price is down -$85, or -18%. Compared to two years ago when it was $700, that week’s price is down -$305, or -44%.

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