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Here’s how much lumber Southern California will need to rebuild after the wildfires - MarketWatch

1. Southern California wildfires destroyed over 12,000 structures, boosting lumber demand. 2. Rebuilding necessitates significant lumber, estimated between 10,000 to 20,000 truckloads. 3. Past wildfires caused price spikes but often led to market stabilization events. 4. Current lumber prices have risen due to potential tariff impacts, not just wildfires. 5. Future lumber demand is long-term, influenced by building codes and labor shortages.

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FAQ

Why Bullish?

The destruction from wildfires creates strong lumber demand, influencing prices upward.

How important is it?

The article highlights a critical demand increase for lumber due to wildfires.

Why Long Term?

Rebuilding processes will take months, suggesting a delayed price adjustment.

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