North American OSB price correction pulls buyers off the sidelines

The adjustment in the price of OSB (oriented strand board) recently prompted potential buyers to take action. Over the past several months, the cost of 7/16-inch OSB has been fluctuating between $300 and $500 in most North American production zones. If we exclude the extreme prices during the pandemic, these rates would set a new record, with data going back for decades. Due to these high prices, many retailers and distributors showed reluctance towards buying more than their immediate needs. It was therefore significant when there was a sudden upswing in sales in the week starting October ...