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.
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.