WELCOME TO RIVER DAVES PLACE

Damn increases.......

petie6464

Well-Known Member
Joined
Feb 19, 2009
Messages
716
Reaction score
1,049
No, too many people have dollars they want to spend. Prices will drop when demand drops.
No, too many people have dollars that aren't worth anything to spend. . Priced aren't dropping anytime soon, infact I belive they will continue to rise as the dollar continues to weaken. The demand isn't slowing, look around everything is exploding.

At some point is has to cool or pop, I don't know.
 

Done-it-again

Well-Known Member
Joined
Apr 3, 2016
Messages
5,125
Reaction score
4,853
Actually tariffs are not the problem . When they first imposed tariffs the price went up but came back down . The problem is a shortage of raw materials . We now quote an order and give only 1 day on price . Wait a week to place the order and it's going to hurt . View attachment 997713
yea, my Friday quote expires Monday...... crazy
 

Havalife

Well-Known Member
Joined
Apr 11, 2016
Messages
225
Reaction score
197
We are screwed on all building costs, housing cost is going to explode now.
Major lumber mills had record profits last quarter.

Weyerhauser stock was $17.05 May 2020 now it's $39.77.
West Fraser stock was $25.40 May 2020 now it's $79.33.
Intrfor stock was $5.50 May 2020 now it's $27.87.
 

hallett21

Well-Known Member
Joined
Nov 9, 2010
Messages
10,574
Reaction score
8,167
70 2x4s 8’ and 10 2x4 8’ treated. $900 lol


Sent from my iPhone using Tapatalk
 

NicPaus

Well-Known Member
Joined
Sep 15, 2010
Messages
9,923
Reaction score
6,704
I bought 40 2x6x16' treated earlier $25.99 each plus ca lumber tax and tax. From Lowes. HD they were $34.99 a piece. Got 10% off that price.
 

hallett21

Well-Known Member
Joined
Nov 9, 2010
Messages
10,574
Reaction score
8,167
I bought 40 2x6x16' treated earlier $25.99 each plus ca lumber tax and tax. From Lowes. HD they were $34.99 a piece. Got 10% off that price.
Mine was BMC account out of Culver City/Playa del rey.

Ganahal seems to be the best. But I only call them when we do large orders.


Sent from my iPhone using Tapatalk
 

NicPaus

Well-Known Member
Joined
Sep 15, 2010
Messages
9,923
Reaction score
6,704
Mine was BMC account out of Culver City/Playa del rey.

Ganahal seems to be the best. But I only call them when we do large orders.


Sent from my iPhone using Tapatalk
Ganahl is highest here. Crenshaw lumber. If you have a big order my BIL is wholesale end at Jones. I went Lowes as they have not raised price on those yet to 35$ and got additional 10% off.
 

Your ad here

Well-Known Member
Joined
Oct 16, 2014
Messages
3,027
Reaction score
4,035
Ganahl is highest here. Crenshaw lumber. If you have a big order my BIL is wholesale end at Jones. I went Lowes as they have not raised price on those yet to 35$ and got additional 10% off.
I found Ganahl to always be the highest priced. High enough to shop around that morning and show up late to work with better priced material. Jones always had good prices and good yard help.
 

NicPaus

Well-Known Member
Joined
Sep 15, 2010
Messages
9,923
Reaction score
6,704
I found Ganahl to always be the highest priced. High enough to shop around that morning and show up late to work with better priced material. Jones always had good prices and good yard help.
They opened a huge new location in Torrance and would beat any prices at first. Once a bunch of customers switched to them they raised them. I always price shop and they quickly were 10% plus higher than Crenshaw lumber. They went 10 million over budget on Torrance location so figure they need to make it back.
 

caribbean20

Well-Known Member
Joined
Mar 4, 2011
Messages
712
Reaction score
935
Best cure for high commodity prices is . . . high commodity prices. Having been around the oil business for the last 30 years, seen it soooo many times. Weird times right now, but all of these basic material prices will get back to normal.
 

c_land

Well-Known Member
Joined
Jul 14, 2016
Messages
930
Reaction score
1,721
Best cure for high commodity prices is . . . high commodity prices. Having been around the oil business for the last 30 years, seen it soooo many times. Weird times right now, but all of these basic material prices will get back to normal.
I recently learned the term Demand Destruction in reference to high commodity prices. Is that what you would expect to happen here?

.
 

caribbean20

Well-Known Member
Joined
Mar 4, 2011
Messages
712
Reaction score
935
I recently learned the term Demand Destruction in reference to high commodity prices. Is that what you would expect to happen here?

.
Yes I do. Decreased demand and higher supply that producers of these basic commodities will puke up, to take advantage of current prices, will cause prices to decline IMO. Although I suspect supply chain disruption is causing much of the current pain, with the world economy awakening from the COVID induced slumber of the last year.

A quick look at oil futures prices show backwardation, an abnormal condition when prices for crude oil delivery in periods out in the future are lower than the current price. The normal condition is contango, where futures prices are higher than current. I suspect it’s the same for most basic commodities.

Long response to a short question.
 

CarolynandBob

Well-Known Member
Joined
Nov 22, 2016
Messages
1,032
Reaction score
1,502
I need 1300 ft of 3" schd 40 conduit. $5.40 a ft. $7K just in conduit. FM
 

c_land

Well-Known Member
Joined
Jul 14, 2016
Messages
930
Reaction score
1,721
Yes I do. Decreased demand and higher supply that producers of these basic commodities will puke up, to take advantage of current prices, will cause prices to decline IMO. Although I suspect supply chain disruption is causing much of the current pain, with the world economy awakening from the COVID induced slumber of the last year.

A quick look at oil futures prices show backwardation, an abnormal condition when prices for crude oil delivery in periods out in the future are lower than the current price. The normal condition is contango, where futures prices are higher than current. I suspect it’s the same for most basic commodities.

Long response to a short question.
Great info, didn't know about the term Backwardation either 👍
 

PaPaG

Well-Known Member
Joined
Dec 21, 2007
Messages
2,939
Reaction score
2,202
WOW am I out of the loop or what, I went in to see what prices are for some 3/8 or 1/4 steel sheets, they sell them in 4x4 sizes from a steel supply (I needed 2 pieces just around 31"x31") and the quotes I got blew me away. Over $700.00 for 2 pieces total, so would 1 sheet of 4x8 cost that much? is that crazy or am I just that far out of touch with prices to build crap today?
 

Done-it-again

Well-Known Member
Joined
Apr 3, 2016
Messages
5,125
Reaction score
4,853
WOW am I out of the loop or what, I went in to see what prices are for some 3/8 or 1/4 steel sheets, they sell them in 4x4 sizes from a steel supply (I needed 2 pieces just around 31"x31") and the quotes I got blew me away. Over $700.00 for 2 pieces total, so would 1 sheet of 4x8 cost that much? is that crazy or am I just that far out of touch with prices to build crap today?
Yes same cost. No cost for us to sheer it down to 4x4 sheets. Some places will have a sheer fee if not a constant buyer.... its always sold as price per LB

Whats your location? I can see what our cost is
 

PaPaG

Well-Known Member
Joined
Dec 21, 2007
Messages
2,939
Reaction score
2,202
Yes same cost. No cost for us to sheer it down to 4x4 sheets. Some places will have a sheer fee if not a constant buyer.... its always sold as price per LB

Whats your location? I can see what our cost is
Thanks a lot for the offer Done-It I appreciate it, but for what I am trying to do I just wanted to see how it looked but not worth the dough. I have another idea that would do what I want for about $25.00 so I am going to go that route for now.
 

Xtrmwakeboarder

Well-Known Member
Joined
Sep 15, 2018
Messages
2,663
Reaction score
3,735
Not collapse, but LBS is down to $1,000 from $1,500 in mid May. “Normal” seems to be around $500 or so
 

Done-it-again

Well-Known Member
Joined
Apr 3, 2016
Messages
5,125
Reaction score
4,853
Just got my May pricing for 1.660 pipe

$2.99 per ft, up from $2.60 per ft in April that's $9.36 per stick @24' lg.

F'ing hell that's $570 per skid...

And with grandpa Joe's talk last night nothing is going to come down.
Now at 3.36 per ft for the same material, that's over 100% increase from January. F'ing hell.
 

Done-it-again

Well-Known Member
Joined
Apr 3, 2016
Messages
5,125
Reaction score
4,853
I had a meeting with our pipe supplier yesterday. Material is going up again for August $250 a ton.

So the now material is costing $87.60 per peice starting Tuesday ($3.65 per ft at 24')

I buy 2 other sizes all going up the same.

Silver lining, they are thinking this is the plateau and material should start a very slight decline if the free money stops in September and people go back to work. If not, then the goal post is pushed till after the free money.
 

Bpracing1127

Well-Known Member
Joined
May 31, 2012
Messages
5,861
Reaction score
6,644
Heard 3 major toyhauler mfg are putting on a price increase of 16% august 1st
 
  • Like
Reactions: DWC

Ace in the Hole

Well-Known Member
Joined
Aug 15, 2020
Messages
1,623
Reaction score
2,946
Saw OSB at HD today for $37 a sheet....cheapest ive seen it in a LONG time.
 
  • Like
Reactions: DWC

Done-it-again

Well-Known Member
Joined
Apr 3, 2016
Messages
5,125
Reaction score
4,853
Well, wood might be down but not steel.

New increase @ $3.83 ft. $91.92 per 24' lengths. I would have never thought in a million years that I would see this kind of pricing for this material, and to think i was paying $1.62 in Jan. There is no end to this madness.
 

Mandelon

Coffee makes me poop.
Joined
Sep 24, 2007
Messages
11,624
Reaction score
11,946
I paid $745 for three yards of concrete today. Plus another $300 for the pumper. :confused: :mad:o_O:rolleyes:
 

lbhsbz

Well-Known Member
Joined
Jan 11, 2010
Messages
8,092
Reaction score
16,149
I paid $745 for three yards of concrete today. Plus another $300 for the pumper. :confused: :mad:o_O:rolleyes:
5 months ago I was quoted $1100 for 8 yards delivered (not pumped)…that’s nuts.
 

DWC

Well-Known Member
Joined
Nov 9, 2012
Messages
6,660
Reaction score
10,767
Lumber market finished the week slightly up. Second week in a row.
 
Top