Here is a SNEAK PEAK at tomorrow’s print for North American construction framing softwood lumber and panel prices:
After some waffling by suppliers, sharply decreased sales volumes, and strong push-back from customers, this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr, for the week ending June 11, 2020, dropped dramatically to US$1,275 mfbm (net FOB sawmill), down by -$325, or a full -$26, from last week when it was US$1,600.
This week’s price is up +$45, or +4%, from one month ago when it was $1,230.
And is up +$903, or +243%, from the same week in 2020 when it was $372.
The full Madison’s Lumber Reporter North America softwood lumber price list of 450 individual lumber and panel commodity items is updated first thing Friday mornings Eastern time.