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The Global Forest Industry This Quarter

The Global Forest Industry This Quarter

Excerpts from the 2Q 2012 issue of the Wood Resource Quarterly (

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.

The full article can be found in the attached PDF file.....



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