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Timber prices soar on renovation demand

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sammy.se

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From today's UK FT:

"Timber prices soar on renovation demand
Harry Dempsey in London

Gold and silver have outshone most assets, but another commodity is shaping up to be this year’s best performer: timber.

Prices for wood have hit a record high after demand surged as homeworking as a result of Covid-19 spurred a wave of renovation projects, from fences to sheds, at a time when inventories were running low.

Timber prices have soared 104 per cent this year — almost four times gold’s percentage increase — to $828 per thousand board feet. Last week alone, they gained 13 per cent."

Has anyone felt this yet?
I bought some softwood floorboards yesterday which where 20% more expensive than June...
 
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