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Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Price analysis and info / Sawmilling / Wood construction / Wood Products / Global / North America
October 27, 2020

Trends that drove lumber prices to record highs will continue, Canfor’s CEO predicts

Trends that drove lumber prices to record highs will continue, Canfor’s CEO predicts
  • The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high revenues in the third quarter is expected to continue to provide benefits going forward, CEO Don Kayne says.

The Vancouver-based company expects strong lumber prices to continue through the end of 2020 despite the recent softening it attributes to seasonal slowdowns.

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