Forest Products Market Update
- a news brief from Wood Resources International LLC
Global sawlog prices jumped almost 8% in the 3Q/09 because of improved lumber
markets in the US and Europe, reports the Wood Resource Quarterly
In the 3Q/09, the Global...
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Forest Products Market Update
- a news brief from Wood Resources International LLC
Global sawlog prices jumped almost 8% in the 3Q/09 because of improved lumber
markets in the US and Europe, reports the Wood Resource Quarterly
In the 3Q/09, the Global Sawlog Price Index (GSPI) had the highest quarter-to-quarter
jump in the 15-year history of the Index, according to the Wood Resource Quarterly.
The
Index increased for the third straight quarter and reached just over US$73/m3.
Seattle, USA.
January, 2010.
Global sawlog prices started to move up in the fall after
having reached a bottom in many markets earlier this year.
The recent upswing has been
the result of a tighter log supply but also because of improved operating rates at many
sawmills in both the US and Europe.
The US, the Nordic countries, Central Europe the
Baltic States and Russia have experienced the largest price increases (in the local
currencies) over the past six months.
The Global Sawlog Price Index (GSPI), which
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