Notice he didn't say "i've seen stacks of PLYWOOD", he said LUMBER.
Plywood is in short supply... not just from covid related work shortages here in the states... most of our sheet wood comes in from canada... and the lockdowns there were far more authoritarian and restrictive.
this led to a supply issue.
there is also a massive spike in demand as people flee the cities from radical leftist domestic terrorists and tyrants... and as bored covid lockdown victims decide to do some DIY home remodel ("can't spend on movies or dinner or a concert, lets make a she-shed instead to isolate mommy from our isolation").
not to mention all the board-ups needed after cities (ran by tyrants) allowed a bunch of domestic terrorists to pillage major cities.
bottom line is there is a multitude of reasons plywood is indeed selling like mad whenever it comes in,even at stupid high prices, and why everyone involved in the plywood mfg process is making a ton of money.
the sheetwood mfg's can't make shit any faster, they're running full tilt. their only option is to invest a ton of money into expanding their existing mfg capacity by building more factories, hiring more workforce...
however they know that there's no way they can sustain that growth once the boom is over...
so, they are just gonna keep rolling in the cash. they make as much as they can, pay their employees a bunch of overtime... everyone on their side is happy as can be.
while we all suffer.
there isn't mountains of plywood sitting anywhere, there is mountains of stick lumber. when the supply of sheetwood catches up the lumber manufacturers are ready to turn all that stick lumber into cash... it's banked money. they are going to keep stacking it and claim losses till they are able to move it all again then claim huge gains.
I work in construction there is absolutely market manipulation going on related to construction materials. It may be a conspiracy or it may be a bunch of people independently price gouging during a “crisis”. Regardless there is artificial market manipulation.
There is a ton of cross price jacking going on, all these other players want to get in on the action...
They figure if people are already going to spend way more on the plywood they will probably be willing to pay way more for other things as well.
The only non-artificial hike is plastics, most of our plastics come from texas oil refineries and there was a huge shortage and demand spike from that deep freeze.
Plant damage stopped production of the raw materials and then local demand for plastic plumbing ate up the supply when they started making plastics again.
Thats been a while ago, so prices should start coming back down, but a few months back thats why plastic plumbing went up so high.
Notice he didn't say "i've seen stacks of PLYWOOD", he said LUMBER.
Plywood is in short supply... not just from covid related work shortages here in the states... most of our sheet wood comes in from canada... and the lockdowns there were far more authoritarian and restrictive.
this led to a supply issue.
there is also a massive spike in demand as people flee the cities from radical leftist domestic terrorists and tyrants... and as bored covid lockdown victims decide to do some DIY home remodel ("can't spend on movies or dinner or a concert, lets make a she-shed instead to isolate mommy from our isolation").
not to mention all the board-ups needed after cities (ran by tyrants) allowed a bunch of domestic terrorists to pillage major cities.
bottom line is there is a multitude of reasons plywood is indeed selling like mad whenever it comes in,even at stupid high prices, and why everyone involved in the plywood mfg process is making a ton of money.
the sheetwood mfg's can't make shit any faster, they're running full tilt. their only option is to invest a ton of money into expanding their existing mfg capacity by building more factories, hiring more workforce...
however they know that there's no way they can sustain that growth once the boom is over...
so, they are just gonna keep rolling in the cash. they make as much as they can, pay their employees a bunch of overtime... everyone on their side is happy as can be.
while we all suffer.
there isn't mountains of plywood sitting anywhere, there is mountains of stick lumber. when the supply of sheetwood catches up the lumber manufacturers are ready to turn all that stick lumber into cash... it's banked money. they are going to keep stacking it and claim losses till they are able to move it all again then claim huge gains.
I work in construction there is absolutely market manipulation going on related to construction materials. It may be a conspiracy or it may be a bunch of people independently price gouging during a “crisis”. Regardless there is artificial market manipulation.
There is a ton of cross price jacking going on, all these other players want to get in on the action...
They figure if people are already going to spend way more on the plywood they will probably be willing to pay way more for other things as well.
The only non-artificial hike is plastics, most of our plastics come from texas oil refineries and there was a huge shortage and demand spike from that deep freeze.
Plant damage stopped production of the raw materials and then local demand for plastic plumbing ate up the supply when they started making plastics again.
Thats been a while ago, so prices should start coming back down, but a few months back thats why plastic plumbing went up so high.