By - PinHead_Tom
It’s probably due to the high demand and lack of supply. Most manufacturers are still producing less material than pre-covid. The supply house I work for has had a price increase almost every quarter for the last year.
It’s partially from the winter storms that hit Texas that took many of the production plants offline. Some still aren’t back up and a lot are still not back to 100%. You have no idea how difficult it is to get a production line back up when it is shut down, especially when it’s not planned - I guarantee it fucked some stuff up. Also, the gas pipeline getting hacked forcing a shut down played into it. And of course COVID and the wildfires that started the lumber price explosion. It will stop when owners stop doing projects because the prices have gotten too out of hand. There will absolutely be a time when developers and homeowners and everyone else puts construction projects on hold until prices rationalize again, which will let supply catch up to demand and even things out. I think we can forget about prices going all the way back to where they were, but they definitely will decrease at some point.
I just wonder when that will be?
Dollars are worth less because there are 10 trillion more now in existence than there was a year ago.
I work as a technical rep for a major single-ply manufacturer. The increases aren't due to greed on the manufacturer's part, but mostly due to what
From cali here. We got lead times for insulation up to 3 months. I hear once prices go up they never come down. Idk if its true. This is my first time going through this type of situation.