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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 (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.

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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.....

The_Global_Forest_Industry_in_the_2Q.pdf

www.woodprices.com

ENDS


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