Friday, October 12, 2012

PWC: Canadian Paper Firms' Earnings

The 2012 second quarter net earnings reports for the Canadian forest and paper companies show a distinct quarter to quarter change in fortunes between the Western and Eastern based companies. The lumber and solid wood segment of the industry is experiencing slow but steady improvements, based primarily on the gradually improving US housing market. Northern Bleached Softwood Pulp (NSBK) prices continued to decline from the record highs reached in Q2 2011.