10:45 AM EDT, 03/21/2025 (MT Newswires) -- Sustained U.S. tariffs on Canada and Mexico would result in higher prices for wood products, RBC Capital Markets said in a Friday note.

RBC expects prices of spruce-pine-fir lumber to increase by less than the amount of the tariffs, as some degree of substitution into US-produced SYP lumber would occur.

In oriented strand board, RBC thinks US-delivered prices could rise by closer to the full impact of the tariffs.

Price: 108.00, Change: -2.25, Percent Change: -2.04