Share
519 Posts.
lightbulb Created with Sketch. 3
clock Created with Sketch. 14/04/21
09:18
Share
Originally posted by MattFrost:
↑
As someone who has been in the timber game for a long time, this price increase is partly a correction, cheap timber from asia and Russia/Easter Bloc has been pushing prices of timber down in the US, Aus, and Europe for many years, to the point sawmills have been barely profitable. Now that the transport internationally is harder/more expensive they will get prices much higher so that when they fall back post covid they dont fall back to where they were. You may even find sawmillers have more capacity to produce than they are letting on to hold supply back and inflate the price to a sustainable level.
Expand
OT you're the second person I've heard saying that capacity isn't being fully utilised. I saw it in a thread about construction costs rising and contributing the housing "bubble"
