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Re:Lumber rally cools with transport snarls easing, buyers b... by ravi-delia on Sunday March 27, 2022 @10:15PM (#30826357)
Eh, I could see it. A lot of the lumber price increases were due to logistical issues up and down the supply chain, those same issues would cause this kind of lag. If supply adapted fast enough it wouldn't be an issue, but if supply adapted fast enough prices wouldn't have gotten that high regardless. Besides, things are weird right now, consumers aren't as able to act rationally because they aren't used to it.
Re:Lumber rally cools with transport snarls easing, buyers b... by mblock on Sunday March 27, 2022 @10:54PM (#30826626)
It actually stops mills from working if high prices stop people buying, which turns the price down until mills can restart operations.