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July 28, 2019

West Fraser expects sharp drop in lumber production for 2019

The Canadian company reported lumber inventories reduced by approximately 150 million board feet in Q2/2019, and expects a 600 million board feet drop in lumber production for the whole 2019.  West Fraser Timber Co. Ltd. recently reported its second quarter 2019 results. Continuing difficult lumber market conditions and high log costs necessitated additional temporary curtailments in the quarter and the permanent closure of the Chasm, British Columbia lumber facility along with the elimination of the third shift of production at our 100 Mile House lumber mill.  Permanent and temporary curtailments resulted in 250 mmfbm of ...

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