Page 60 - Green Builder Sept-Oct 2020 Issue
P. 60

Other alternatives to lumber include
                   factory-built panels and structural insulated
                   panels (SIPs). The labor savings are clear.
                   But these products depend on panels made
                   with oriented strand board (OSB), which
                   has jumped in cost by more than 
                   percent in the U.S. One variable is whether
                   the SIP or panel manufacturer was able to
                   stockpile the material in advance of market
                   pressures.
                     But it’s not just the pandemic that has
                   squeezed OSB supplies. It’s also Climate
                   Change. For example, Norbord temporarily
                   stopped production of OSB at one of its
                   large plants in British Columbia because it
                   could not obtain enough raw materials. The   Irreplaceable? Gaps on shelves in the hardware section seem to be increasing, particularly among
                   company blamed wild‡res and severe weather   “staple” products such as standard door hinges—many of which are produced internationally. Will
                   conditions during the ˆ‰-ˆˆ winter.  domestic manufacturers rise to replace them? If so, when, and at what cost?


               SOARING LUMBER PRICES PUSH THE ENVELOPE



                                       $1,000




                                       $900



                                       $800


                                    Per thousand board feet  $700




                                       $600



                                       $500




                                       $400


                     Random Lengths
                     Framing Lumber    $300
                     Composite Price
                     CME Future
                     Prices            $200

                                                 1/10/20  1/24/20  2/7/20  2/21/20  3/6/20  3/20/20  4/3/20  4/17/20  5/1/20  5/15/20  5/29/20  6/12/20  6/26/20  7/10/20  7/24/20  8/7/20  8/21/20  9/4/20  9/18/20



                   58  GREEN BUILDER September/October 2020                                               www.greenbuildermedia.com




          56-59 GB 0920 Materials Shortage.indd   58                                                                            10/5/20   4:23 PM
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