Your worst example of runaway building material prices

[fribygg]

OSB 11mm used to cost 119kr/each

 

[Matti_75]

I received a quote in January for OSB, and then I would have paid 33:-/m2 + VAT. Now it's at 117:-/m2 + VAT.

 

[Lilllen]

Oh, that was quite a hike on OSB! Now even I understand your surprise/fear However, it can hardly last, can it(?)

 

[john68]

Participating in a larger renovation project, about 80 million, and those in charge say that quotes for insulation and wood are valid for 24 hours. Then you just have to ask again...

Imp trästolpar 7cmx180, for the enclosure previously cost 25 SEK each, now 62.95.

 

[Anonymiserad 239657]

Participating in a large renovation project, about 80 mil, and those in charge say quotes on insulation and wood are valid for 24 hours. Then it's just a matter of asking again.....

Imp wood posts 7cmx180 for the pasture used to cost 25 kr each, now 62.95

My brother, who is a one-man business, mentioned that he doesn’t give any fixed quotes now, he calculates by the hour and offers a variable proposal on the materials. No problem getting jobs anyway.
He was lucky though to stock some of the things that are important for him.

We need to keep an eye on cement, Finja is starting to get really worried now.

 

[gbgustaf]

Supply and demand dictate prices, but what happens then, when demand decreases and production catches up? There's a significant risk that prices won't go down as easily as they went up.

Time to buy more shares in Byggmax.

 

[steve5432]

I understand that sawmills sell to the highest bidder, and that these exist in, for example, the USA where they pay crazy prices for timber. However, I have difficulty understanding why there isn't some sort of mechanism that ensures domestic needs are met first, but of course, this is impossible in a market economy; you would need a semi-market economy like the one in China... where the authorities would ensure that domestic projects are prioritized, regardless of what manufacturers would get abroad.

In any case, it's given me something to think about...

/S

 

[Anonymiserad 156538]

Wow, that was quite a raise on OSB! Then I also understand your surprise/horror
It can hardly last though(?)

Wood prices are likely to plummet when the cement runs out...

 

[Daniel 109]

I understand that sawmills sell to the highest bidder, and that these exist in, for example, the USA where they pay crazy prices for timber. However, I find it hard to understand that there is no kind of mechanism to ensure that domestic needs are met first, but it is of course impossible in a market economy, then you would have to have a semi-market economy like the one in China... where the governing bodies would have seen that domestic projects were prioritized, regardless of what manufacturers got abroad.

In any case, I've been given something to think about...

/S

It is probably the local market that gets it first. But at market prices. How else would it be?

 

[Daniel 109]

Supply and demand determine prices, but what happens then, when demand decreases and production catches up? There is a significant risk that prices won't decrease as easily as they went up.

Time to buy more shares in Byggmax.

Of course, prices follow downward. The sawmills have to produce to survive. So if demand decreases, they must compete on price.

 

[Marlen Eskilsson]

I have deleted an off topic discussion that was not an example of skyrocketing building material prices.
/Moderator

 

[SueCia]

It's clear that prices follow down. Sawmills have to produce to survive. So if demand decreases, they have to compete with price.

Lumber prices have plummeted and are almost back to 2018 levels, i.e., reasonably normal prices.

But OSB and similar have continued to rise, it will be interesting to see when it turns around...

Lumber is down 61% from the peak this year. 1607 dollars on May 10 to today's 634 dollars.

 

[Rowah]

The lumber price has plummeted and is almost down to 2018 levels, i.e. fairly normal prices.

But osb and similar have continued to rise, it will be interesting to see when it turns...

Lumber is down 61% from the peak this year. $1607 on May 10th to today's $634.

About the osb, wasn't it also that a glue factory in the USA had to close due to a fire?

 

[SueCia]

wasn't there also an adhesive factory in the US that had to close due to a fire?

Yes, I think adhesive is a major contributing factor specifically when it comes to OSB, wasn't it even two of the largest manufacturers in all of Europe that burned down?

But timber prices for things like studs and roof decking haven't dropped at all despite the underlying raw material dropping by more than half.

Unfortunately, I think this is going to be a long period with extreme margins at the building supplies stores as they can purchase their materials at more normal prices while now knowing that people are willing to pay triple the amount.

 

[Zorn]

Aren't there periodic negotiations regarding purchase prices and at the next negotiation, perhaps prices will drop somewhat for us consumers? If you look at the market price, which has dropped significantly since the peak, an adjustment should be in order. Downwards. I hope.

I have noted at 3 builders' merchants in my area how the stocks of treated wood are well-filled. Are people still building decks or is it the opposite?