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U.S. & Canada lumber and panel market weekly reports

Increased demand rises some lumber prices slightly

[Jul 05, 2023]


Lumber and panel market weekly report ---- Week 24, 2023
By Madison's Lumber Reporter
In the week ending June 23, 2023, the price of Western S-P-F 24 #2&Btr KD (RL) was US$406 mfbm. This is up by $16, or four per cent, from the previous week when it was $390.

That week’s price is up by $49, or 14 per cent, from one month ago when it was US$358 mfbm.

Compared to the same week last year, when it was US$535 mfbm, that week’s price is down by $129, or 24 per cent. Compared to two years ago when it was US$1,048 mfbm, that week’s price is down by $642 or 61 per cent.


 
In the week ending June 23, 2023, the price of Southern Yellow Pine East Side 24 #2&Btr KD (RL) was US$400 mfbm. This is down by $10 or two per cent compared to the previous week when it was US$410 mfbm.

That week’s price is down by $99, or 20 per cent, from one month ago when it was US$499 mfbm.

Compared to the same week last year, when it was US$655 mfbm, that week’s price is down by $255, or 39 per cent. Compared to two years ago when it was US$916 mfbm, that week’s price is down by $515 or 56 per cent.


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

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