Wowee The Insane Rise Of Copper Price

Almot wrote:

agesilaus wrote:
What about $57 1/4 inch plywood or $7 to $8 2X4's. We aren't allowed to mention the reason for all this.

There is a couple of reasons that I can think of.

1) Covid-induced demand, people add a home office for remote work and/or move from condos to the 'burbs away from crowds. They were also renovating more, having nothing else to do for a year - same reason caused a spike in appliances and recreational items.

2) China is not supplying lumber so tariffs don't matter. However, China is buying lumber. They did an exemplary job containing the epidemic in the country (after letting it out to the world), their lockdowns were real, masking was not optional, and after 3 months it was over. They are now fully open, economy is growing.