If the price of wood increased in Chicago, what would happen to the supply of pencils globally?

?2014-09-29T10:57:14Z

Since there are 5715 manufacturers of pencils in China, and seven in the USA, the price of wood in Chicago wouldn't matter much.

Hugo902014-09-29T07:32:30Z

The cost of the wood in a pencil is a tiny part of the cost. It would make no difference.