The curtailment of production at Canfor's B.C. sawmills will continue for another quarter, the company said Friday.
It will also be reducing operating hours at some sawmills as the curtailment is extended to the first quarter of 2019.
"This decision is due to a continuing decline in lumber prices, in addition to high log costs and log supply constraints," Canfor said.
"The curtailment extension and reduction in operating hours is expected to reduce Canfor's production output by an additional 55 million board feet in Q1."
A 10-per-cent curtailment was put in place for the fourth quarter of 2018 in part through extended downtime at Christmas. The sawmills are scheduled to resume production on Jan. 7, the company said Friday.
For the week ending Dec. 5, the price of kiln dried two by fours at the Prince George inland container terminal stood at US$354 per thousand board feet, down from US$480 a year ago, according to Madison's Lumber Reporter.
