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Madison’s Reporter: Annual Year-End Slowdown Keeps Lumber Prices Flat

Analysis
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In the week ending December 1, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$414 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week.

That week’s price is up by +$11, or +3%, from one month ago when it was US$403 mfbm.

Compared to the same week last year, when it was US$400 mfbm, that week’s price is up by +$14, or +3%. Compared to two years ago when it was US$710 mfbm, that week’s price is down by -$296 or -42%.

Madison's TOP SIX Benchmark Dimension Softwood Lumber and Panel Prices - December 1, 2023

In the week ending December 1, 2023, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$430 mfbm. This is up by +$15, or +4%,  from the previous week when it was US$415 mfbm.

That week’s price is up by +$16, or +4%, from one month ago when it was US$414 mfbm.

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

Madison’s Benchmark Top-Six Softwood Lumber and Panel Prices: Monthly Averages - December 1, 2023

Compared to the same week last year, when it was US$445 mfbm, that week’s price is down by -$15, or -3%. Compared to two years ago when it was US$835 mfbm, that week’s price is down by -$405, or 49%.

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.

Contact:

Keta Kosman – Publisher, Madison’s Lumber Reporter – (604) 319-2266 – https://madisonsreport.com/

Source: Madison’s Lumber Reporter