Quote:
Originally Posted by Mass_nerder
All of my current projects are pushing to get to tender ASAP so they can lock in price; I'm guessing if prices and availability were forecast to change for the better, that wouldn't be the case.
With the amount of catch up material manufacturers have to do, the prices and shortages will probably extend years after COVID stops having a direct influence on manufacturing and shipping.
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I don't think human behaviour is a good predictor of what will happen in the future regarding prices. Humans are a panicky bunch and make decisions way too much with emotion rather than logic. While it's likely things don't improve in the short-term (a few years), I think it's reasonable to say shortages will slowly end and prices come back down.