30 November, 2012
The Global Forest Industry This Quarter
Excerpts from the 3Q 2012 issue of the Wood Resource Quarterly (www.woodprices.com)
- The Global Sawlog Price
Index (GSPI) fell for the fifth consecutive quarter to $81.94/m3.
- The Softwood Wood Fiber
Price Index (SFPI), which is based in US dollars, was down another 0.5
percent from the 2Q/12 to US$100.05/odmt. Hardwood Wood Fiber Price
Index (HFPI) increased by $1.56/odmt from the 2Q/12 price to $106.44/odmt
in the 3Q/12.
- Softwood pulp (NBSK) prices have trended downward for more than a year
from their record highs in the summer of 2011. Hardwood pulp (BHKP)
prices have not experienced the same price fall as NBSK prices.
- Despite the weakening markets
for lumber, six of the ten largest lumber-exporting countries in the world
have shipped more lumber this year than last year.
- North American
lumber production rose for the third straight quarter in the 3Q/12.
- The importation of softwood lumber to China in
September was down for the fourth consecutive month to 1.14 million m3, a
decline of 14 % from September 2011.
- Pellet exports
from the US South to Europe rose 13 % in the 2Q/12 from the previous quarter;
almost a doubling in one year.
The full article can be found at our
Wood Resources International LLC