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Global forest industry Q3/13

Dec. 2, 2013 - Wood Resource Quarterly released its 3Q 2013 figures and the Global Sawlog Price Index dropped 0.6 per cent in the 3Q/13.

Higher lumber consumption in the US has resulted in both increased domestic production and a rise in importation of lumber in 2013.

Lumber prices in both the US and Canada have started to recover the past three months after the dramatic decline earlier in the spring.

Softwood lumber imports to China and Japan have been 20% higher this year than last year, with the biggest increases in shipments from Europe.

The Softwood Wood Fiber Price Index (SFPI) edged up to $97.94/odmt in the 3Q/13. This was $0.19/odmt higher than in the previous quarter but $2.11/odmt below 3Q/12 price.

The Hardwood Wood Fiber Price Index (HFPI) fell for the fourth consecutive quarter to $98.15/odmt in the 3Q/13. This was down 2.3 per cent from the previous quarter and the lowest level since the 2Q/09.

Demand for market pulp has picked up in all regions of the world with the biggest increases in Eastern Europe, Japan and North America.

Pellet export volumes from North America to Europe has continued to rise for the past seven quarters.

December 2, 2013  By Hakan Ekstrom

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