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Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir-Larch, Hem-Fir, Southern Yellow Pine, Western Red Cedar, Douglas Fir-Larch, and P3-Joist. Its sawmills provide a diverse range of sustainable products to supply North American markets with a complete offering of framing materials. Its Western Red Cedar products include Elite Decking, Elite Fascia & Boards, Elite V-Joint Paneling, Elite Fineline Paneling, Elite Channel/Lap Siding, Elite Bevel Siding and Elite Shadow Gap Siding. It has an annual lumber production capacity of approximately 5.0 billion board feet and offers a diverse line of lumber products to customers around the world.


TSX:IFP - Post by User

Post by StefanSalvatoreon Jun 03, 2021 4:26pm
280 Views
Post# 33321092

Summary of lumber prices - past 3 months

Summary of lumber prices - past 3 monthsForgive me if the formatting is terrible but I gathered lumber prices for the months of March, April and May. Blue cells are mid week price updates and white cells are end of week price updates.

I also included averages for each month and how much prices have changed from the previous month.


Date March 5 March 9 March 12 March 16 March 19 March 23 March 26 March 30   Average Change M/M
WSPF 1,025 1,025 1,025 1,025 1,025 1,025 1,025 1,045   1,028 20
SYP 1,205 1,200 1,188 1,170 1,152 1,118 1,105 1,070   1,151 -125
Composite 1,035 1,040 1,044 1,045 1,043 1,036 1,032 1,026   1,038 10
                       
Date April 6 April 9 April 13 April 16 April 20 April 23 April 27 April 30   Average Change M/M
WSPF 1,075 1,120 1,170 1,205 1,285 1,330 1,385 1,420   1,249 375
SYP 1,050 1,044 1,044 1,057 1,080 1,105 1,155 1,192   1,091 122
Composite 1,033 1,048 1,074 1,104 1,147 1,188 1,242 1,290   1,141 264
                       
Date May 4 May 7 May 11 May 14 May 18 May 21 May 25 May 28   Average Change M/M
WSPF 1,495 1,555 1,605 1,630 1,630 1,630 1,630 1600   1,597 180
SYP 1,265 1,302 1,342 1,394 1,410 1,410 1,390 1328   1,355 136
Composite 1,359 1,414 1,459 1,495 1,508 1,514 1,515 1494   1,470 204

It is evident that the company has been making tons of money these past few months with these elevated prices. The futures market may be slowing but the cash market is doing pretty well.
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