Forest product prices show continued strength, industry analysts report

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Analysts say there’s little immediate relief in store for Canadian home renovators and builders despite a slight recent softening in the pace of orders for forest products.

 While prices will likely eventually fall from current record-high levels, suggestions that prices for lumber and oriented strand board (OSB) building panels are set to tumble are unlikely, said RBC analyst Paul Quinn in a report to investors.

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Source: Global News

 

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