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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Pulp & Paper / Sawmilling / Wood Products / Global / North America
May 28, 2020

Canadian lumber giants’ shares see spectacular rise on strong demand and prices

Canadian lumber giants’ shares see spectacular rise on strong demand and prices
   Canadian lumber producers' shares soar on strong demand, prices, fueled by better-than-expected US housing market indicators, surge in home improvement projects and tight lumber availability; Canfor shares up 60% from March low, West Fraser up 75%    Canadian lumber stocks have produced spectacular returns for investors during the stock market rebound since March. For evidence that the gains are sustainable, look south of the border.    Lumber prices are connected to U.S. home building activity, providing a link to the economy that is more direct, and immediate, than many ...

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