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Recent Articles

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CIBC: Mid-week update published March 21 shows lumber prices rise as buyers replenish, with W. SPF up 1.7% since March 17 to US$366/mbf, SYP 2x4 up 1.0% to US$494/mbf; OSB prices flat in North Central at US$250/msf, also flat in South East, Western Canada

RBC takeaways from discussions with LP executives: OSB supply situation has improved, but still challenged in 2023/2024; siding remains well positioned, and LP's SmartSide product line should keep growing in 2023 despite weakness in new home construction

RBC highlights wood products news for the week (March 19): Lumber prices flat, and OSB prices up slightly; Canfor announces renewal of normal course issuer bid; lumber CEOs urge Canadian government to appoint special envoy in softwood lumber dispute

CIBC: Mid-week update published March 14 shows wood product prices trade on either side of last week's levels, with W. SPF down 0.6% since March 10 to US$355/mbf, SYP 2x4 up 0.8% to US$485/mbf; OSB pricing flat in North Central, South East, Western Canada

RBC highlights wood products news for the week (March 10): Lumber prices rise, but OSB prices fall; US 30-year fixed-rate mortgage rising, and with Fed signaling more aggressive stance on monetary policy, headwinds for housing market continue to persist

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