Tag: global lumber markets

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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

2010-01-19 18:33 Wood Resources International 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.

The slumping economy has reduced sawlog prices in Europe and North America to the lowest levels in five years, reports the Wood Resource Quarterly

2009-06-18 22:39 Wood Resources International Softwood lumber markets have continued to weaken and as a result, demand for sawlogs has fallen worldwide and the Global Conifer Sawlog Price in the 1Q/2009 was down 26 percent from a year ago, according to the Wood Resource Quarterly.

Log costs fell in Russia in the 3Q/08 as the forest industry cut back production, reports WRI

2008-11-17 21:22 Wood Resources International The Russian timber market has gone through a roller coaster ride the past year, with log costs reaching record highs in the 4Q of last year and then falling to two-year lows in the 3Q/08. Topping off the dramatic events was the announcement by PM Putin last week that the long-awaited log export tax, which would practically cease log exports in January, will be postponed for 9-12 months.