Bullboard - Stock Discussion Forum Western Forest Products Inc T.WEF

Alternate Symbol(s): WFSTF

Forest Products Lumber & Wood Production

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... see more

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Western Forest Products Inc > Lumber futures bottomed out?

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Post by astutein on Aug 12, 2021 1:22pm

Lumber futures bottomed out?

Lumber still in high demand for housing , decks furniture and other uses.

home Depot ,Loews will be ordering for next cycle at these prices so high demand and prices will rise in my opinion in next few weeks and WEF will rise.

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Comment by ACarrothers on Aug 12, 2021 3:08pm

Likely... Hopefully most of the short term hands that wanted to sell after peek lumbers prices have already sold. That and with seasonally low trade volume, hopefully the renewed NCIB has a higher impacted on prices. Cedar prices still seem to be holding BTW...From Aug 6th BC lumber price report. https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/forestry/forest ...more

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Western Forest Products Inc