Declining demand and economic challenges impact global OSB markets

Global OSB markets are not as healthy as they were a year ago, due to energy and raw material price inflation, together with weaker economic and construction data in many countries conspiring to dampen demand. Markets for OSB products have been more challenging in recent months. The lofty heights of 2021 and the first half of 2022 saw incredible margins for OSB producers and some record-breaking financial results. It was inevitable that such large demand could not continue forever and with the multiple challenges of energy and raw material price inflation coupled with a weaker economic environment ...