Lumber Price Index for Week Ending May 19, 2023
The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$390.5 mfbm.
This is up by +0.5%, or +$2, from the previous week when it was US$388.4
For information regarding the construction of this Index (species mix, weighed averages) please go here: https://madisonsreport.com/madisons-lumber-prices-index-a-powerful-tool-for-data-driven-decision-making/
Note: The Chicago Mercantile Exchange has completed the change to Lumber Futures. On Monday, May 15 the traditional futures trading board was retired, and the new futures (which was started a year ago) is the only lumber ticker. As such, there will be no historical comparison beyond mid-2022.
About Madison’s Lumber Reporter
Established in 1952, Madison’s Lumber Prices is your premiere source for North American softwood lumber news, prices, industry insight, and industry contacts. The weekly Madison’s Lumber Reporter publishes current Canadian and US construction framing dimension lumber and panel wholesaler pricing information 50 weeks a year and access to historical pricing as well.
Keta Kosman – Publisher, Madison’s Lumber Reporter – (604) 319-2266 – https://madisonsreport.com/
Source: Madison’s Lumber Reporter