Canfor Corp T.CFP

Alternate Symbol(s): CFPZF

Forest Products Lumber & Wood Production

Canfor Corporation is engaged in the manufacturing of high-value low-carbon forest products, including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets, and green energy. The Company’s segments include lumber and pulp and paper. It produces renewable products from sustainably managed forests at more than 50 facilities across its diversified operating platform in Canada, the United States, and Europe. Its dimension lumber includes Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL), and Canfor Red. Its specialty lumber includes Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears, and Access Mat Lumber. Its engineered wood products include Glulam, and Power Joist. Its pulp products are Bleached Softwood Kraft Pulp, and Unbleached Softwood Kraft Pulp. Its paper products are Bleached Kraft, Coloured Kraft, and Unbleached Kraft. It also has a biomass cogeneration facility in Grande Prairie.

TSX:CFP - Post by User

Canfor Corp

Bullboard Posts

Post by islandbrookon Sep 19, 2020 1:32pm

245 Views

Post# 31587145

Can Someone Help Me?

In the week ending Sept. 18, The price for Western SPF 2X4 was unchanged at $$890 US.Meanwhile the BC Forest Ministry weekly price for a similar grade was unchanged at $960. Futures told a completely different story. The Nov 2020 Western SPF 2X4 fell from the Monday high close of $669.40 to $578.00 on Fri.,a 13% decline and fell for 4 straight days. Why is one unchanged while futures are down sharply.
Another question that I do not understand is,why is the weekly price, 69% above the Nov future close.
Your explanation wil lbe appreciated. Thanks

Bullboard Posts

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles