OSB prices stable since the end of September

North American OSB prices have hardly altered after heading lower in August and the first half of September 2022. Random Lengths continues to quote US$360/1,000 sqft for the benchmark grade of 7/16” in the North Central region.

The benchmark price stood at US$650 at the start of June before dropping to US$375 by the beginning of July. The price gradually edged higher again in the following weeks and reached US$445 in early August. Another downward trend then followed. In mid-August, the price had reached US$425 before softening to US$370 in early September and US$360 in mid-September.

Prices in the South West and South East regions had fallen to US$325 and US$340, respectively, by early September before slipping to US$315 and US$330 by mid-month. In Western Canada, prices had even dropped to US$280 by mid-September. Prices there now stand at US$285 compared with US$330 in the South West and South East, according to Random Lengths. 

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