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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.


TSX:WEF - Post by User

Post by geezer21on Jan 07, 2022 10:06am
227 Views
Post# 34292538

$1,191.40 USD/1000 board feet today on Chicago futures

$1,191.40 USD/1000 board feet today on Chicago futures
Lumber price climbs to an all time high discounting last May's spike.

Western Forest Product's share price has continued to climb since the end of November to currently trading in a 2:11 to 2.15 range.

MACD and RSI indicators confirm a strong up trend is in place.
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