The global sawlog price index in the 1Q/12 was down almost nine percent from early 2011, with Europe experiencing the biggest decline in prices

Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC The global sawlog price index in the 1Q/12 was down almost nine percent from early 2011, with Europe experiencing the biggest decline in prices, reports the... More

Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC The global sawlog price index in the 1Q/12 was down almost nine percent from early 2011, with Europe experiencing the biggest decline in prices, reports the Wood Resource Quarterly Reduced global demand for lumber has resulted in a reduction in the Global Sawlog Price Index by almost nine percent in 12 months, as well as a recent decline in the global trade of logs, as reported by the Wood Resource Quarterly. Seattle, USA. Prices for sawlogs fell in virtually all twenty countries covered by the Wood Resource Quarterly (www. woodprices. com), both in local currencies as well as in US dollars. This resulted in the third consecutive quarterly decline of the Global Sawlog Price Index (GSPI) to US$85. 90/m3. The Index was down 3. 0 percent from the 4Q/11, and 8. 6 percent lower than the all-time high in the 2Q/11. Lower demand for lumber in many markets in Europe and reduced log imports t Less