After seeing an oversupply of OSB production in early 2014 from the start-up of seven curtailed OSB mills over an 18-month period, a more balanced OSB market finally emerged in mid-2015 – this situation should continue until sometime later in 2017.
After that, the challenge is to see if new capacity restarts and imports can balance with overall panel demand growth – similar to previous market cycles and price volatility that OSB has experienced.
Further analysis of commodity panels and lumber are available in the report, ‘Wood Markets 2017 – The Solid Wood Products Outlook: 2017 to 2021’, www.woodmarkets.com
