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Bullboard - Stock Discussion Forum Ainsworth Lumber Co Ltd ANSBF

GREY:ANSBF - Post Discussion

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Post by mapmaker on Jun 14, 2013 5:50pm

osb at 295

dont quote me on this as i am not positive but i think $220 is the breakeven point for osb for Ainsworth.

i sold another tranche today. I don't feel comfortable doing it but I think a BIG correction is coming up if there is no substancial news int he near future.

The downward spiral in structural panel prices was unabated. Prices of OSB continued to tumble, as ample supplies weighed heavily on the market. Most producers had short order files and struggled to pull orders from their customers.

 

(f.o.b. mill prices) This Week
Jun 14
Last Week
Jun 7
Year Ago
2012

 

North Central 7/16-inch Oriented Strand Board 295 312 252
 
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