Panel Prices: Plywood and OSB — Oct 2021 (video)

Market Reports Madison's Lumber Reporter
1

https://madisonsreport.com/2021/11/09/panel-prices-plywood-and-osb-oct-2021-video/

ORIENTED STRAND BOARD (OSB)

In the week ending November 05, 2021, the price of OSB Canadian – 7/16 – Ontario was C$550 msf. This is down by -$20, or (-4%), from the previous week when it was $570.
That week’s price is down by -$16, or (-3%), from one month ago when it was $566.
When compared to the same week last year, when it was $895, that week’s price is down by -$355, or (-40%). Compared to two years’ ago when it was $285, that week’s price is up by $255, or (89%).

PLYWOOD

In the week ending November 05, 2021, the price of Canadian Softwood Plywood – 3/8 – FOB Toronto was C$559 msf. This is down by $0, or (0%), from the previous week when it was $559.
That week’s price is down by $0, or (0%), from one month ago when it was $559.
When compared to the same week last year, when it was $766, that week’s price is down by -$207, or (-27%). Compared to two years’ ago when it was $434, that week’s price is up by $125, or (29%).

3 Likes
2

You had said we are at a nice “equilibrium” price now in plywood and OSB. But this equilibrium price is still above historical. Do you see plywood and OSB prices returning to historical average? Do you think this price is a new normal?

2 Likes
3

Hi @Madison_s_Lumber_Rep do you think the tariff increase (doubling actually) on the Canadian LBM products will just have a linear markup of the Plywood and OSB prices, or there will be a more pronounced and disproportionate effect on prices and the US market?
@Jeff_Lassle @Matt_Layman @Jim_Schumacher @Michael_Haas @william_giguere what do you all think?

1 Like
4

we will never see those old “historical” prices again. So when I say “equilibrium” i mean current.

1 Like