Lumber Market Update: Early August 2024
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- Опубліковано 17 вер 2024
- • Lumber Market Update: ...
Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates.
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%.
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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%.
Great video, thank you!
Thank you for explaining how unexpected orders can increase price rapidly due to tight supply.
Any insights in future videos on construction industry signals to the lumber industry would be appreciated.
Keta, what a pleasant surprise it is to see you and get updated on lumber prices. I always feel a bit more grounded after watching your video's and following this one the feeling is the same. I'm looking forward to the next couple of videos you mentioned. I'd be interested in an update on any fires Hope you are doing well. Thanks for Sharing! 🙃🙂
wow !
So happy to see you back! 💕