September 19, 2003

Plywood Prices Drive Lumber Profits

Forbes.com:

Lumber producers could see a significant jump in third-quarter profit from record plywood prices, and the [aftermath of] Hurricane Isabel could push demand for these products even higher, executives and analysts said.

Lumber prices, specifically plywood and oriented strand board (OSB) made from wood chips and glue, have skyrocketed in recent months, doubling or tripling over year-earlier values.

Posted by Timothy Fredel at September 19, 2003 3:10 PM
Related Categories: Quadrant - Economic


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