Wood fiber costs for pulp manufacturers declined in the 4Q/11 as pulp prices fell
Global demand for pulp has declined and pulp prices fell during the second half of 2011.
As a consequence, prices for wood fiber, the highest cost component when producing pulp, were down throughout the world, as reported by the Wood Resource Quarterly. The Global Wood Fiber Indices for softwood and hardwood fiber declined 3.5% from the 3Q/11.
