[Shop-talk] Retail pricing of lumber?

[Jim Franklin]

:-D 

I'm hoping the end of season specials on landscaping materials happens this year. Though I need to build quite a few planter boxes, also out of PT. 

jim

ps - keep me in the loop re: your lumber purchases 

> On Sep 9, 2020, at 6:06 PM, Donald H Locker <dhlocker at comcast.net> wrote:
> 
> My experience is that prices will rise until I make a major purchase. If
> I wait, the price will rise more. So wait a day or two after I buy
> something; prices will then drop dramatically and you can score good
> lumber at great prices!
> 
> Donald.
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> On 2020-09-09 3:15 p.m., Ian McFetridge wrote:
>> Hi Jim,
>> 
>> Unfortunately, it's a bit like gasoline (fast to raise prices, but slow
>> to lower them).  From my experience, the lumberyard raises prices when
>> they see their ordering costs increase (like the gas station raising
>> prices between refills, not just when they get a new tanker).  I was a
>> derivatives trader and my old colleagues are calling this a crazy
>> increase in lumber prices that they do not expect to stay this way
>> through the winter.  I would watch the price and then call around as you
>> see it coming down.  You can watch the lumber prices here: (look at the
>> front contract (Sep now).  
>> https://www.cmegroup.com/trading/agricultural/lumber-and-pulp/random-length-lumber.html  
>> 
>> Best,
>> Ian
>> 
>> On Wed, Sep 9, 2020 at 2:47 PM Jim Franklin <jamesf at groupwbench.org
>> <mailto:jamesf at groupwbench.org <mailto:jamesf at groupwbench.org>>> wrote:
>> 
>>    Treated decking lumber has gone up another 50% in the past few
>>    weeks. Does retail pricing follow the cost of the inventory when it
>>    was purchased, or is it based on the cost of inventory if it were
>>    purchased today? If I wait until January when (theoretically) fewer
>>    people are building decks and teh wholesale price (theoretically)
>>    comes down, will my cost be based on the January wholesale price, or
>>    on the September wholesale price?
>> 
>>    I have been priced out of finishing my deck so I'm spending my time
>>    thinking instead of building.
>> 
>>    jim
>>    _______________________________________________
>> 
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