Lumber crash leads to 'blowout' sales as prices crater

Re:Lumber crash leads to 'blowout' sales as prices crater by Fiahil on Thursday September 16, 2021 @02:38AM (#28548779)

What bothered me the most during this whole episode, is that the prices also skyrocketed, here, in Europe. We had nowhere near the same need for wood as north-american constructions.

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Re:Lumber crash leads to 'blowout' sales as prices crater by teekert on Thursday September 16, 2021 @02:40AM (#28548790)

Because the markets are connected? If you have lumber, why sell it on the cheap to Europeans when you can get more from the Americans?

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Re:Lumber crash leads to 'blowout' sales as prices crater by skybrian on Thursday September 16, 2021 @03:05AM (#28548940)

Transportation costs seem high:

> It’s difficult to ship lumber overseas cost effectively: lumber is (or was) one of the least expensive materials on the planet. At $300 per 1000 board feet (the average price over the last 25 years), a 20 foot shipping container holds just $4500 worth of material. The cost of transporting a container across the ocean is $1700 dollars or more.

https://constructionphysics.substack.com/p/lumber-price-faq

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Re:Lumber crash leads to 'blowout' sales as prices crater by Ekaros on Thursday September 16, 2021 @03:23AM (#28549040)

And my understanding is that real shipping rates are currently much higher than the 1700... As are all shipping rates...

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Re:Lumber crash leads to 'blowout' sales as prices crater by Fiahil on Thursday September 16, 2021 @03:09AM (#28548957)

Shipping is so expensive, if you start shipping wood instead of sourcing it locally, then no wonder the price is going to go up even faster.

What should have been a good alternative here, is to prevent/taxe massively exports of wood from EU to NA. Prices would have stagnated near a peak in NA and we would have kept our wood supply at a moderated price, here.

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Re:Lumber crash leads to 'blowout' sales as prices crater by thedougd on Thursday September 16, 2021 @06:58AM (#28550182)

On the contrary, wood is shipped from the US to Europe for energy. This is Long Leaf Pine, one of the species commonly used for framing homes in the US.

https://www.newsobserver.com/news/business/article238395173.... https://www.politico.com/news/magazine/2021/03/26/biomass-ca...

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Re:Lumber crash leads to 'blowout' sales as prices crater by Revell on Thursday September 16, 2021 @03:03AM (#28548919)

That's mainly because we started exporting most of the wood to North America, creating our own shortage here in Europe. Hence, prices went up here too.

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