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June 29, 2021
North American OSB price hit repeated record highs even as lumber’s rally cools
The price of OSB in North America has surged 97% since the start of the year. The rally in OSB is due in part to the storm in Texas, which caused a shortage in a substance needed to make the board. OSB has continuously hit record highs in recent weeks even as the price of lumber has cooled. The price of OSB that used to be cheap is hitting repeated record highs, adding to the already skyrocketing cost of building a home in North America. Oriented ...
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North American lumber producers are cutting back production, a signal that higher interest rates are taking rootCompanies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood Products / Global / North America