April 22 (Reuters) - Canfor Pulp Products Inc CFX.TO :
* CANFOR PULP PRODUCTS INC. ANNOUNCES FIRST QUARTER 2020 RESULTS AND SUSPENDS QUARTERLY DIVIDEND
* CANFOR PULP PRODUCTS - QTRLY SALES C$275.6 MILLION VERSUS C$304.0 MILLION
* PULP PRODUCTION WAS 298,000 TONNES FOR Q1 OF 2020, UP 12,000 TONNES, OR 4%, FROM PREVIOUS QUARTER
* ANTICIPATES MARKET CONDITIONS TO REMAIN VOLATILE THROUGH MUCH OF 2020
* GLOBAL SOFTWOOD PULP DEMAND IS CURRENTLY PROJECTED TO BE SOLID THROUGH Q2 OF 2020, PARTICULARLY FROM CHINA
* IT IS PROJECTED THAT SUPPLY DISRUPTIONS WILL CONTINUE IN VARIOUS REGIONS AS A RESULT OF PRONOUNCED EFFECTS OF COVID-19
* BLEACHED KRAFT PAPER MARKETS ARE CURRENTLY ANTICIPATED TO BE SOLID THROUGH Q2 OF 2020, PARTICULARLY IN NORTH AMERICA
* BOARD OF DIRECTORS HAS DECIDED TO SUSPEND QUARTERLY DIVIDEND FOR FORESEEABLE FUTURE
* QTRLY NET INCOME PER SHARE, BASIC AND DILUTED, C$0.11