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Canfor Pulp Products Inc T.CFX

Alternate Symbol(s):  CFPUF

Forest Products Paper & Paper Products
Canfor Pulp Products Inc. is a Canada-based global supplier of pulp and paper products with operations in the central interior of British Columbia (BC). The Company operates through two segments: pulp and paper. The pulp segment includes purchase of residual fiber, and production and sale of pulp products, including Northern Bleached Softwood Kraft (NBSK) pulp and Bleached Chemi-Thermo Mechanical Pulp (BCTMP), as well as energy revenues. The paper segment includes production and sale of paper products, including bleached, unbleached, and colored paper. Its products under the solid wood category include dimension lumber, specialty lumber, and engineered wood products. It produces green energy in its lumber and pulp facilities across North America. The Company owns and operates three mills in Prince George, BC with a total capacity of about 780,000 tons of Premium Reinforcing Northern Bleached Softwood Kraft (NBSK) Pulp and 140,000 tons of kraft paper.


TSX:CFX - Post by User

Canfor Pulp Products Inc > Wood-Pulp Prices Surge as Speculators Pounce in China
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Comment by Nbskon Feb 02, 2021 1:18pm
131 Views
Post# 32447997

RE:Wood-Pulp Prices Surge as Speculators Pounce in China

RE:Wood-Pulp Prices Surge as Speculators Pounce in ChinaGreat catch, catscratch!

Btw, this article is in the Wall Street Journal nothing less!

 

I like reading all this from someone else than me ;-)

 

Brian McClay is an authoritative voice on pulp (with namesake consultancy), so his quotes are quite telling.

 

Personally I doubt that futures are pushed by speculators so much as real demand because the price rises in the real world wouldn't go through? And spot price is for near-term delivery? Time will tell. Let's hope that Canfor Pulp capitalize like in '18 and (re)initiate a meaningful regular dividend at least $0.50 to start with.

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