Sino-Forest and Louisiana Pacific Optimistic on Growth Potential
The Bedford Report Provides Equity Research on Sino-Forest & Louisiana-Pacific
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 07/22/11 -- Increased wood demand from Asia has driven lumber prices up more than 20 percent since hitting their lowest point this year in early May. Although forest plantation operators in China are boosting production, China cannot meet the demand with its own resources, giving ample opportunity to Canadian and US lumber companies. The Bedford Report examines the outlook for companies in the Lumber, Wood Production industry and provides equity research on Sino-Forest Corporation (TSX: TRE) (PINKSHEETS: SNOFF) and Louisiana-Pacific Corporation (NYSE: LPX). Access to the full company reports can be found at:
Wood Resource Quarterly says that import prices for most species of lumber have trended upward since early 2009 in Japan and China, particularly for higher-grade Russian pine to Japan and lower-grade Canadian hemlock to China.
With the recovery in American homebuilding sluggish, US lumber companies are making a push into China. Louisiana-Pacific Corporation CEO Rick Frost has said that the company may pursue a 10-fold rise in exports to China.
The Bedford Report releases investment research on the Lumber, Wood Production industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.
While imports continue to play a critical role in supplying China's lumber demand, domestic wood production is growing. Sino-Forest states that its primary goal is to increase our wood fibre output to 17 million cubic meters by 2011. With $1.1 billion in cash and cash equivalents and $3.6 billion of standing timber assets, Sino-Forest says that it can continue its growth through acquisitions and through sustainable long-term replanting without accessing the capital markets.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 22.07.2011 - 12:16 Uhr
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