In response to the growing COVID-19 pandemic, West Fraser has announced additional production adjustments, as they respond to the slowing of demand for forest products. In lumber production, effective March 30, lumber production at all British Columbia sawmills will be curtailed for one week. This will result in the elimination of an additional 24 million board feet of production for the week. This is in addition to the curtailments and reduced production announced on March 19. In plywood production, effective March 30, plywood production at the Alberta Plywood and Slave Lake Veneer facilities will be temporarily suspended until at least April 6. This will reduce the plywood production by an additional 6,500 MSF per week.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.