Question
When the price is set such that the demand and supply curves are equal. no major excess of demand or supply. I was wondering what
When the price is set such that the demand and supply curves are equal. no major excess of demand or supply. I was wondering what everyone thought about the current wood products market?With increased residential home construction at home and abroad, judging from the economic principlesdiscussed,it should lead to an increased demand and higher price so long as there is viable land to do so and enough harvesting to meet demand. I would say it seems we are in a good place right now with no major excess of demand and a reasonable supply of timber products provided, there should not be any major price fluctuationsand it should remain competitive for the foreseeablefuture. Any other thoughts?
Thank you!
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