All posts by Rokosz Most

What’s this got to do with the price of wood in China?

What’s this got to do with the price of wood in China?

The story of lumber’s startling rise to a blazing-hot commodity begins just a month before. In March 2020 the price of lumber sank to a dismal $231 per 1000 board feet while the pandemic captured national headlines. New-home construction abruptly fell off. Supply chains behaved uncertainly, as industry attempted and failed to forecast future demand.