Lumber Market Update: April End 2024
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- Опубліковано 1 жов 2024
- • Lumber Market Update: ...
Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates.
IIn the week ending April 26, 2024, the price of Western Spruce-Pine-Fir 2x4 #2&Btr KD (RL) was US$408 mfbm, which is flat from the previous week when it was $408, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter.
That week’s price is down by -$44, or -10%, from one month ago when it was $452.
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SYP prices are in the tank right here on the cusp of Spring is very concerning. Reminds me of the Spring of 2007 .
Local sawmill here in north ga, is really slow!
Kéta, prices dropping at a time when we expect to see an uptick is a surprise. I really appreciate you analysis and explanations. I'll be sticking close to your channel to learn current lumber market trends. Wishing you a great weekend. Thanks for Sharing!
Commodities markets are rigged... From Lumber to Silver and Gold
@xephael3485 there's Futures which are open bid, and cash which we report. So free market.
@@MadisonsLumberPriceReporter which commodities market are you talking about..
@@xephael3485the topic here is softwood lumber, hi
FED is short on cash,
Treasury is unable to sell T-Notes
to support the currency.
The effects of Banks having no cash to loan,
reduces the number of buyers.
The end is arriving.