Jonm
Established Member
There was another post “is it me or” about timber prices. I found looking at worldwide timber prices is was very confusing, sometimes not clear if it was retail prices, share prices, futures prices or producer prices being shown. General consensus was that prices have gone up dramatically for consumers but not suppliers, apparently coronavirus has a lot to do with it.According to several vids on YouTube, this lunacy has been initiated by the sawmills. The timber growers are getting what they always have but the mills are the ones converting trees into usable timber. They appear to be holding the trump cards. Cartel is a word that springs to mind. The vids also predict a drop in the prices soon. I sincerely hope so.
We cannot console ourselves that we are at least helping the third world because we are not, exact opposite in fact.
here is a link to one of my posts based on world bank data.
Here is a link to a world bank document, World Bank Commodities Price Data (The Pink Sheet) Dated 2-Apr-2021
https://thedocs.worldbank.org/en/do...0012021/related/CMO-Pink-Sheet-April-2021.pdf
here is a link to US retail timber prices
Ok, in that case I have attached the graph since 2012. Huge recent Increases in US timber prices.
if you scroll down to the bottom it gives indices for low and medium income countries. For timber it give the following
2010 indices 100 (base date)
2 April 2021 indices 91.4.
here is a site giving a graph of world bank historical figures, indices for March 2021 is 91.2 So ties in with figures directly from the world bank.
https://ycharts.com/indicators/timber_index_world_bankI have attached the chart for the last 5 years. Whilst the prices we are paying are skyrocketing the prices the poorer countries are getting is 90 of what they received in 2010. No wonder we have such terrible problems in the world and migrants risking their lives to get in.
Here is a link to US retail timber prices
Ok, in that case I have attached the graph since 2012. Huge recent Increases in US timber prices.