Lumber and timber company limit up as lumber prices climb to highest lvl

Posted by Hush77 > 2020-08-22 10:39 | Report Abuse

Canadian wood producers surge as lumber futures rise by exchange limit Aug. 19, 2020 3:59 PM ETWest Fraser Timber Co. Ltd.(WFTBF)By: Carl Surran, SA News Editor8 Comments Five of the largest Canadian producers - West Fraser Timber (OTCPK:WFTBF +4.6%), Norbord (OSB +4.9%), Canfor (OTCPK:CFPZF +7%), Interfor (OTC:IFSPF+5%) and CanWel Building Materials (OTC:CWXZF +1%) - all set new 52-week highs in Toronto, driven by new record high prices for lumber and wood panel products due to continuing robust demand from renovation and new home markets.September lumber on the Chicago Mercantile Exchange earlier jumped by the exchange maximum $29, or +3.85% to $783 per 1,000 board feet, after settling yesterday at a record $754.

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1 comment(s). Last comment by stockraider 2020-08-22 11:54

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Posted by stockraider > 2020-08-22 11:54 | Report Abuse

Yes malaysia timber company are;

1. Priceworth
2. Jaya tiasa
3. Subur tiasa
4. Wtk
5. Ta Ann

This will shoot up in Tandem loh....!!

Lumber and timber company limit up as lumber prices climb to highest lvl

Posted by Hush77 at Aug 22, 2020 10:39 AM | Report Abuse
Canadian wood producers surge as lumber futures rise by exchange limit

Aug. 19, 2020 3:59 PM ETWest Fraser Timber Co. Ltd.(WFTBF)By: Carl Surran, SA News Editor8 Comments

Five of the largest Canadian producers - West Fraser Timber (OTCPK:WFTBF +4.6%), Norbord (OSB +4.9%), Canfor (OTCPK:CFPZF +7%), Interfor (OTC:IFSPF+5%) and CanWel Building Materials (OTC:CWXZF +1%) - all set new 52-week highs in Toronto, driven by new record high prices for lumber and wood panel products due to continuing robust demand from renovation and new home markets.September lumber on the Chicago Mercantile Exchange earlier jumped by the exchange maximum $29, or +3.85% to $783 per 1,000 board feet, after settling yesterday at a record $754

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