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

Lumber prices boost slightly to start 2024

[Jan 17, 2024]


Lumber and panel market weekly report ---- Week 1 2024
By Madison's Lumber Reporter
In the week ending January 5, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$452 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$38, or +9%, compared to the previous week when it was $414.

That week’s price is up by +$41, or +10%, from one month ago when it was US$411 mfbm.

Compared to the same week last year, when it was US$352 mfbm, that week’s price is up by +$100, or +28%. Compared to two years ago when it was US$1,100 mfbm, that week’s price is down by -$648 or -59%.



 
In the week ending January 5, 2024, the price of Southern Yellow Pine East Side 2x4 #2&Btr KD (RL) was US$470 mfbm. This is up by +$10, or +2%, from the previous week when it was US$460 mfbm.

That week’s price is up by +$18, or +4%, from one month ago when it was US$453 mfbm.

Compared to the same week last year, when it was US$395 mfbm, that week’s price is up by +$75, or +19%. Compared to two years ago when it was US$1,390 mfbm, that week’s price is down by -$920, or -66%.



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