The Global Forest Industry in the 3Q/2012: Excerpts from the Wood Resource Quarterly
Global Timber Markets
Global Pulpwood Prices
• Wood fiber prices fell in the local currencies in most of the regions covered by the WRQ in the 3Q. However, because the US dollar weakened against most currencies, wood prices in US dollar terms did not decline as much this quarter.
• The Softwood Wood Fiber Price Index (SFPI), which is based in US dollars,
was down another 0.5 percent from the 2Q/12 to US$100.05/odmt. It was the fifth consecutive quarterly decline and the index has now come down 8.7 percent since early 2010. The biggest price declines were seen in Northwest US, Germany and Russia.
• Hardwood fiber prices started to increase in some regions in the 3Q, which resulted in the first increase of the Hardwood Wood Fiber Price Index (HFPI) in over a year. The Index increased by $1.56/odmt from the 2Q/12 price to $106.44/odmt in the 3Q/12. Hardwood fiber prices increased the most in Russia, Eastern Canada and Brazil.
