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2022-01-18 10:39
09:07 AM EST, 01/17/2022 (MT Newswires) -- RBC Capital Markets said Monday that the Framing Lumber Composite increased $81 week over week to $1,192 despite a more cautious tone.
In OSB markets, the OSB Composite increased $78 w/w to $893 as COVID-19 and winter weather are heavily impacting supply chains.
For next week, RBC Elements forecast that the RL Framing Lumber Composite will increase $8 w/w to $1,200 and that the RL OSB Composite will increase $52 w/w to $945.
Having recently re-started UFS production at Ashdown, Domtar Corp. (UFS.TO) informed customers that it is increasing office, printing, publishing, converting and specialty paper prices by about $80/st in mid-February.
PCA followed Domtar's announcement with an $80/st price increase on office papers, printing papers, and converting papers, RBC said.