Lumber Market Update: Mid-May 2024
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- Опубліковано 4 лип 2024
- • Lumber Market Update: ...
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In the week ending May 10, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$383 mfbm which is flat from the previous week. This week’s price is down by -$47, or -11%, from one month ago when it was $430.
When compared to the same week last year, when it was $360, this week’s price is up by +$23, or +6%. Compared to two years’ ago when it was $1,110, this week’s price is down by -$727, or -65%.
In the week ending May 10, 2024, the price of Southern Yellow Pine East 2x4 #2&Btr KD (RL) was US$340 mfbm. This is up by +$10, or +3%, from the previous week when it was $330 and is down by -$18, or -5%, from one month ago when it was $358.
When compared to the same week last year, when it was $510, this week’s price is down by -$170, or -33%. Compared to two years’ ago when it was $825, this week’s price is down by -$485, or -59%
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Great stuff, thank you for the summary!
Another excellent report, we won't forget the 2020 surges!
Great insights on how things are going. Thanks!
I guess we're not close to the bottom and I should wait a bit longer to buy shares of Canfor. I'm always way too optimistic about turnarounds and way too early to buy in.
Keta, it sure is nice to hear your summary in a very complicated market. Looking forward to your next video. Thanks for Sharing! 🙃🙂
appreciate the insight and confirmation regarding what’s occurring 👍
Very good summary!!!!
you know yer bizzness! Thanks!
It’s the time to build.
Looks like this will drag out for a year
i would not want to be a logger or a mill owner these dayz! a Tuff bizzness to succeed in!