The annual chart of wood price has never traded over $493.50 per 1,000 board (1993 ATH) before 2017.
After falling to a low of $251.50 in early 2020 as the global pandemic gripped markets across all asset classes, the price took off on the upside.
At $660 in August 2020, it reached a new record high.
At $1,000 in September 2020, the price was irrational, and it more than halved in value, reaching a low of just over $490 in October 2020.
In May 2021, the price exploded to $1711.20 per 1,000 board before collapsing.
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Passionate about crypto Trading since 2015 M.Sc. Chemical engineering Soon Ph.D. Computer science
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