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:
> Itβs 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.
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...
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.
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...