On Friday I sent out a mailer proclaiming 30% off all in-stock lumber. My distributor called me 5 minutes later asking…”Do you know what you’re doing?”
This is because lumber is traded on the commodities market and there has been a perfect storm brewing. Demand is high and inventory is low due to the pandemic causing prices to surge. He said he had never seen anything like this.
The price I paid for my lumber 1 month ago is much lower than today’s price and by the time I order and receive my next load the price will be even higher.
No, I don’t know what I am doing but nevertheless, YES, we are sticking to our guns. 30% off all in-stock lumber. We were crazy busy this weekend and I presume we will continue to move most our stock. Come get what you can while you can.