After holding firm for several weeks while almost all other North American construction framing dimension softwood lumber commodity prices drop, the price of benchmark item Western Spruce-Pine-Fir KD 2×4 #2&Btr R/L finally dropped for the week of October 23, said weekly lumber price newsletter Madison’s Lumber Reporter.
For the week ending October 23, 2020 the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr dropped -$260, or -37%, to US$700 mfbm (net FOB sawmill), from US$960 mfbm where it has been for the past four weeks, said Madison’s Lumber Reporter Thursday morning.
Don’t miss out! Subscribe today to receive the full list of 450 individual softwood lumber and panel commodity prices every Friday morning: https://madisonsreport.com/subscribe/