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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 whil
by Teever 2y 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.
- sdenton4 2y agoBaseline before COVID, or baseline factoring in the (global) post COVID inflation spike?
- ssl-3 2y agoIt looks like it is more or less back to a rough pre-COVID baseline, if inflation is factored in: https://tradingeconomics.com/commodity/lumber 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...)