2024-02-08 09:45:32 ET
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Canfor Pulp sells Taylor pulp site for $7Mhome / stock / cfpzf / cfpzf news
2024-02-08 09:45:32 ET
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Lumber prices have been rising again, thanks to a worsening supply crisis amid solid demand. As demand increases further from the passage of the landmark $1.2 trillion federal infrastructure bill last fall, we think cheap lumber stocks UFP Industries (UFPI), Boise Cascade (BCC), Canfor Corp. ...
The price of lumber has been rallying due to supply disruptions in Canada and increased tariffs on imports. Prices are also being buoyed by a broader market rally and weakening U.S. dollar. Hence, we think lumber stocks West Fraser Timber (WFG), Boise Cascade (BCC), and Canfor Corporation (CF...