Episode 58: Lumber carrying its weight in price
Since hitting bottom in April, we are now seeing an astonishing 250% increase in lumber price—an increase not being seen in other building materials like steel and other base metals. Deni Koenhemsi, a principal economist in our Pricing & Purchasing service, discusses the dramatic increase, what's driving this rebound and how long it will last. Deni Koenhemsi Principal Economist – Pricing and Purchasing, IHS Markit https://ihsmarkit.com/experts/koenhemsi-deni.html John Anton (Moderator) Associate Director – Pricing and Purchasing, IHS Markit https://ihsmarkit.com/experts/anton-john.html