Lumber Sales Dip Slightly as Prices Hold Steady: Madison’s
That week’s price is up $67, or 17 per cent from one month ago when it was $403.
SEATTLE (Scrap Monster): The U.S. Thanksgiving holiday brought the usual seasonal demand drop. Prices in most SPF and Hem/Fir items were firm to slightly up, while prices of SYP remained conspicuously soft.
In the week ending Nov. 22, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$470 mfbm. This is up $10, or two per cent from the previous week when it was $460.
That week’s price is up $67, or 17 per cent from one month ago when it was $403.
Compared to the same week last year when it was $414 mfbm, that week’s price was up $56, or 14 per cent. Compared to two years ago when it was $490, that week’s price was down $20, or four per cent.
In the week ending Nov. 22, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was $410 mfbm. This is down $25, or six per cent from the previous week when it was $435.
That week’s price is down $55, or 12 per cent from one month ago when it was $465.
When compared to the same week last year when it was $415, that week’s price was down $5, or one per cent. Compared to two years ago when it was $455, that week’s price was down $45, or 10 per cent.
Courtesy: www.woodbusiness.ca
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