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.

These details and further analysis of commodity panels and lumber were released recently in the report, Wood Markets’ 2017 – The Solid Wood Products Outlook: 2017 to 2021.