Wood trade in Africa disrupted by shipping issues

Wood trade in Africa disrupted by shipping issues
After reaching historic highs in June, the price of OSB in US began to drop through the summer, at one point plunging several hundred dollars in a single week.    Through the end of the summer the fast-falling prices have frozen many buyers, afraid the drop will continue. Yet with customers remaining active, purchasers can’t wait too long. “Business is still crazy, although buyers are holding off when they can to let prices settle in,” explained Langboard’s Chuck Rigoni. “Most can’t hold off much though, as their customers are so busy. We believe ...

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