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YOUR BALANCE
So I went to Lowe's last night to price some oak plywood...
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So I went to Lowe's last night to price some oak plywood...


May 31, 2023, 7:28 AM

Holy cow the prices have skyrocketed. About 4 years ago I turned one my rooms into a library and made floor to ceiling built-in book cases along the walls. Back then a 4'x 8' sheet of oak plywood ran about $50 a sheet at Lowe's. Yesterday that same sheet of oak plywood now costs $92!! Not of big fan of the average quality of big box store hardwood plywood to begin with... but hot dayum I wasn't expecting this kind of price increase.

I know inflation is driving prices up on everything but does anyone know why plywood has almost doubled in price since 2020?

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Re: So I went to Lowe's last night to price some oak plywood...

1
2

May 31, 2023, 7:42 AM

Yeah, Biden.

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Trump too.***


May 31, 2023, 8:01 AM



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drunk at the putt putt.


It’s come down

2

May 31, 2023, 7:44 AM

About 8 months ago it would have been $125

Plain old 3/4 plywood hit around $75 a sheet at one point

Combination of high demand with all the building and a lot of the supply being diverted to structural engineered wood along with general inflation and you’re going to get roasted at the checkout

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“Anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that my ignorance is just as good as your knowledge.”
Isaac Asimov


Re: It’s come down


May 31, 2023, 8:04 AM

Correct! At one point 4x8x1/2 OSB was $75!

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I remember when it was $8***


May 31, 2023, 8:39 AM



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I like your funny words magic man


I remember when movies cost a nickel!***

1

May 31, 2023, 10:12 AM



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COVID was a factor in several ways

2

May 31, 2023, 8:19 AM

During the first year of the COVID-19 pandemic, prices of processed wood products, such as softwood lumber and plywood, nearly quadrupled. Wholesale prices for plywood increased from $400 to $1500 per thousand square feet (roughly equivalent to retail prices of plywood increasing from about $12.80 to $48.00 per sheet).

Forest Service Senior Research Forester and Project Leader Jeffrey Prestemon studies the market factors behind increased prices in these important consumer products.


The pandemic triggered a worker shortage in many sectors, including the forest products industry, which led to limited availability of wood products, such as softwood lumber and structural panels (softwood plywood and oriented strand board). The domino effect continued with supply chains further disrupted by a lack of truckers to move materials. At the end of the line were those of us who were homebound under travel restrictions, wanting to spend more money on home improvements.

https://www.fs.usda.gov/features/how-pandemic-drove-cost-wood-products

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Basic economics .***


May 31, 2023, 8:55 AM



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