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 ...
Register for unlimited accessWe work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!