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August : The Global Forest Industry This Quarter

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23 August, 2012

EXCERPTS FROM THE 2Q 2012 ISSUE OF THE WOOD RESOURCE QUARTERLY
www.woodprices.com

  • The Global Conifer Sawlog Price Index (GSPI) declined in the 2Q/12 for the fourth consecutive quarter to $82.90/m3, down 3.4% from previous quarter.  
  • The Softwood Wood Fiber Price Index (SFPI) fell by 4.1% from the 1Q/12 to $100.54/odmt, which was a continuation of a declining trend that started in the 3Q/11.
  • The Hardwood Wood Fiber Price Index (HFPI) was down 4.4% from 1Q/12 to US$104.88 and down for the third consecutive quarter since the all-time high in the 3Q/11. 
  • Softwood market pulp (NBSK) prices in the 2Q/12 have fallen dramatically from a year ago. The price also fell for hardwood pulp (BHKP) but not as steeply as for NBSK.  
  • In May, lumber consumption in the US was 13% higher than in the same month last year. 
  • Pine lumber prices in the US South have gone up almost 35 % this year, while spruce-pine-fir (SPF) prices in Canada have increased by about 30 %.
  • China's importation of softwood lumber increased in the 2Q/12.
  • Sawmills in Finland and Sweden increased exports year-over-year by almost 10% the first five months of 2012.
  • In the 2Q/12, woody biomass prices were down between 2-10% in the key biomass-consuming region of the US as compared to the 1Q/12.
  • North American shipments of pellets to Europe continue to steadily increase, reaching a new high in the 1Q/12.


Download the full PDF document: The Global Forest Industry in the 2Q-1