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Canfor Pulp Products Inc T.CFX

Alternate Symbol(s):  CFPUF

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

Post by Fibermanon Jan 20, 2023 11:11am
168 Views
Post# 35235543

Excited

ExcitedIndusrty contacts in China confirmed that at least one NBSK supplier is going up $30 - $40 on NBSK China February once the holdiay is over. I have been saying it for weeks now, it really does look like NBSK is goign to get very tight. Mercer Celgar downtime. Canfor PG. WF Hinton to UKP. WF/Mercer Cariboo fiber concerns. Crofton paper line and pulp production. I think I have made my point. NBSK prices will stay elevated on week supply. Clearly a group wants to keep this symbol around $4. If one were to try and buy $50k worth over shares right now the symbol would jump back up to $5. It would be short term since the market makers will just brink it back down to $4. This cannot last. A $4 price today says CFX is a going concern. But is it? No it's not. There is a plan. Parent owns. They still have two good NBSK mills with strong NBSK prices. My guess is positive earnings March 1st. Bad news baked in. Said last week, we are approaching a tipping point. I'm in for the ride.  
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