Question

Why is wood so expensive?

Answer 1

Answer:

Wood products prices typically fluctuate more than most goods, because homebuilding can move up or down much faster than sawmill capacity can. ... Lumber and plywood prices are so high now because of the short-run dynamics of demand and supply. Wood demand shot up in the summer of pandemic.

Answer 2

Answer:

Wood products prices typically fluctuate more than most goods, because homebuilding can move up or down much faster than sawmill capacity can. ... Lumber and plywood prices are so high now because of the short-run dynamics of demand and supply. Wood demand shot up in the summer of pandemic.