Canfor Pulp Reports Results for Second Quarter of 2021
Commenting on the Company's second quarter results, CPPI's Chief Executive Officer, Don Kayne said, "We are encouraged by our improved operational and financial performance in the second quarter, which enabled us to capitalize on the favourable pulp market prices."
- Commenting on the Company's second quarter results, CPPI's Chief Executive Officer, Don Kayne said, "We are encouraged by our improved operational and financial performance in the second quarter, which enabled us to capitalize on the favourable pulp market prices."
- Following the sharp improvement in market fundamentals earlier in the year, global pulp market conditions were more stable in the second quarter.
- As a result, the current quarter US-dollar NBSK pulp list price to China averaged US$962 per tonne, up US$79 per tonne, or 9%, compared to the previous quarter.
- Canfor Pulp is the largest North American and one of the largest global producers of market NBSK Pulp.