Comment by Teever

Comment by Teever 8 months ago

I'm not from the region so I'm wonder if this glut of wood translating into low prices for end consumers?

mapt 8 months ago

"Low prices for end consumers" seems to be around the current $3-$4 per 2x4x8 stud in retail terms, but standing lumber was never worth much even at the peak of the lumber shortage a couple years ago, it was all sawmill-limited.

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eigen 8 months ago

lumber future prices are up over the last few months. currently 593, was 493 in July.

https://www.nasdaq.com/market-activity/commodities/lbr

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m0llusk 8 months ago

Most consumers want straight boards for building. Most wood, particularly from die offs, is curvy branches that may be useful when ground up for wood based products like pellets, MDF, or paper.

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xp84 8 months ago

Have you seen that happening?

Did prices for wood even go down post-COVID back to their previous level?

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Teever 8 months ago

That's why I'm asking. I live in Canada where we produce a tremendous amount of lumber but it's processed in the US and the prices spiked during COVID and while they've gone down haven't returned to anything resembling the baseline.

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- ssl-3 8 months ago
  
  It looks like it is more or less back to a rough pre-COVID baseline, if inflation is factored in: https://tradingeconomics.com/commodity/lumber
  (But I'm certainly not seeing the glut of cheap lumber that others may appear to be alluding to here...)
  
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- sdenton4 8 months ago
  
  Baseline before COVID, or baseline factoring in the (global) post COVID inflation spike?
  
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