> Wood prices returned with increased supply, and the museum slowed down and decline demand for houses, after crude prices saw an amazing rise in the spring. p>
Wood futures fell by 42% in June alone, on its way to its worst months since 1978, and the construction commodity fell more than 13% in In 2021, headed by the first first negative since 2015.
On May 7, timber prices recorded its highest level at $ 1670.50 per 1,000 square meters, which is six times from its lowest level in April 2020.
"This decline indicates that the reason for this inflation - does not match supply and demand - will not last forever. With enclosure suppliers' efforts across industries, this shortage will fade, along with inflation, and this seems to happen to timber now and will happen to other inputs later.
> The analysts of Goldman Sachs on Tuesday said their channels indicate increased consumer frequency on some housing improvement projects due to the shock of the rapid rise in the prices of certain goods General, especially wood.
Earlier this year, timber prices exploded because of a mix of lower supply amid factory closure and increased demand for new and imprisoned homes. At some point, the lack of timber has led to the highest price of the new family house by $ 36,000, according to the National Association of Home Builders.
