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2x4 price up to almost 600 US$/1,000 bdft in USA

11.05.2018 − 

The price for the benchmark assortment of SPF 2x4 #2&Btr on the US softwood timber market is gradually approaching the 600 US$/1,000 bdft mark. On 4 May, the information service Random Lengths established the highest-ever average value recorded for 2x4 at 598 US$. This put the latest price another 33 US$/1,000 bdft or almost 6 % above the figure for the previous week, and a good 48 % higher than a year earlier.

Random Lengths believes the usual seasonal factors acting in conjunction with generally greater demand than last year and higher backlogs of orders amongst suppliers have been instrumental in pushing the price up further. As had already been the case in the first quarter, deliveries are currently being delayed by bottlenecks in transport as well.

At meanwhile 73 US$/1,000 bdft, the difference between the current Framing Lumber Composite Price (FCLP) of 525 US$ and the benchmark assortment of 2x4 has reached a new peak as well. The 2x4 price has been higher than the FLCP level since October 2017.

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