The largest Western Canadian and Eastern Canadian based forest products companies reported overall higher net earnings in the first quarter of 2016 compared to both the first and fourth quarters of 2015. Commodity prices remained mixed for the first quarter, with lumber prices, specifically Western SPF 2x4 improving while panel and pulp prices declined.
The average price of Western SPF 2x4s in Q1 was USD $271 per thousand board feet, higher than the Q4 2015 average price of USD $263, but lower than the Q1 2015 average price of USD $307,
Canada: Largest forest products companies show improved yoy revenues in Q1/2016
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