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June 25, 2020
Most softwood lumber prices in North America moderate while plywood prices’ surge
Wood panel prices will provide indication of remaining summer lumber demand. . There are much fewer producers of this essential building material than there are regular sawmills of North American construction framing dimension softwood lumber. As well, input costs for wood panel products are much higher. A spike in demand, whether for immediate repair needs or longer-term rebuilding, for plywood and oriented strand board (OSB) always causes a surge in price. Meanwhile, in dimension construction framing softwood lumber, sales of benchmark item Western Spruce-Pine-Fir lumber and studs improved markedly last ...
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