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Curious how many of the commodity price spikes are due to supply chain interruptions from sidelined workers. Clearly the Biden agenda and reopening are going to usher in strong growth but hard to tell which has played a bigger role in higher prices.
Timber: experts say several events led to the lumber shortage: lockdown orders and closures, new safety protocols that slowed production at mills and a spike in home remodeling while Americans were quarantined followed by a massive wildfire season (hadn't considered this one)
Copper: a combination of shutdowns (both mining and refining) and delayed capex meet resilient demand https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/copper-supply-faces-struggle-to-keep-up-with-growing-demand-60471925
Certainly part of the story here
