Demand, unusual for this time of year, has provoked an ongoing construction boom overseas.
US property prices are now above their 2005 year peak.
According to competent sources, sales of new single-family homes in the US in January 2021 were 4.3% higher than in December 2020, and 19.3% higher than in January 2020. Lumber prices jumped a historic 73% over the year.
Due to the fact that plywood factories are limited in the production of the required amount of high-grade products and available raw materials become less, in 2021 we are going to observe price rally on plywood against the backdrop of declining supply and increased demand.