Get flash player to play to this file

The Global Forest Industry - a report by WRQ > Articles & News
18 March 2018
Member authentication
no password?
Articles & News Articles & News

Future Suppliers of Softwood Lumber to the US Market

The Global Forest Industry in the 4Q/2017

New type of wood - stronger than steel

An increase in wooden products exports is expected this year

Furnidec Business, from 9 to 11 March, a landmark for furniture

How to use the white pin to rebuild a school

Lignetics Inc. now holds an even stronger position in the England and mid-Atlantic markets

Two Okanagan projects have been remarked for excellence in wood architecture and design

The most celebrated projects at Wood Design Awards

Just five hours to mount a prefabricated house


German forests will be used much more as energy sources in the future

What is the difference between "wild forest wood" and plantation wood

Forests will become an invaluable "carbon sink"

Could wood be a key sustainable resource of our future?

Fireplaces - the heart of a home

Vietnam`s wood exports are predicted to reach $7.6 billion

Officials of the Forestry Commission have intensified their fight against deforestation

A massive increase in hardwood plantation production is planned in Tasmania

Some TIPS on how to use ash from your wood

Poland must stop the logging immediately

FIMMA-MADERALIA awaits you in February at its 38th edition

Investors from Japan are rushing into wood-burning biomass projects to lock in still-high government subsidies

Sawlog prices were up in most regions of the world in in the last quarter of 2017

Brazilian Police have shut down a major illegal logging and forest credit fraud scheme

A new mass timber program in Canada

The "mass timber" from Oregon has strong economic potential

China formulate the nation`s timber structure construction development plan

New use for pine and poplar wood

Global Timber Wordwide

The best way to build in wood

The Global Forest Industry - a report by WRQ

The strong evolution of lumber industry

The performance of an innovative wood technology

US Northwest is forced to bulid log inventories for the winter season

New technology for a revitalized timber industry

Press Release by Interforst - forests are suffering from climate changes

Drivers, Challenges and Trends for wooden floor market

Brazilian forest products sector grows 12% in January - September

Measures to stop deforestation in Nova Scotia

The Global Forest Industry - a report by WRQ

The Global Forest Industry - a report by WRQ
According to a report by Wood Resource Quarterly (WRQ), the global forest industry looks like that:

Global Timber Markets
Sawlog prices were up in most regions of the world in the 3Q per 17. The price increases from the 2Q per 17 were generally smaller in the local currencies than in US dollar terms because of the weakening US dollar, according to the latest Wood Resource Quarterly.
The Global Sawlog Price Index (GSPI) has gone up for three consecutive quarters to reach $75.69 per m3 in the 3Q per 17.
The Euro-based European Sawlog Price Index (ESPI-) also trended upward the past year, but at a slower pace than the GSPI.

Global Pulpwood Prices
Wood fiber costs increased for wood pulp manufacturers in most regions of the world in the 3Q per 17, with the biggest increases in cost being for hardwood fiber.
The Global Hardwood Fiber Price Index (HFPI) was up 2.9 percent quarter-overquarter in the 3Q per 17. The HFPI has trended upwards for the past 18 months and was seven percent higher in the 3Q/17 than at its 16-year low in the 1Q per 16.
Softwood fiber prices were also going up during the 3Q per17, mainly because of a weakening US dollar.
The Global Softwood Fiber Price Index (SFPI), which had been steady for three consecutive quarters, jumped almost four percent in the 3Q per 17 from the previous quarter to reach US$88.21 per odmt.

Global Pulp Markets
Global production of market pulp has increased in all major pulp-producing regions in 2017. As has been the case for a number of years, Latin American pulpmills have expanded output the most, with production during the first eight months of 2017 being four percent higher than during the same period in 2016.
The strong demand for pulp has moved prices for both softwood pulp (NBSK) and hardwood pulp (BHK) upward for more than a year. Prices for BHK have increased faster than those of NBSK and in October, were close to par for the first time in over two years.

Global Lumber Markets
Demand for imported softwood lumber to the US has fallen by six percent during the first nine months of 2017 as compared to the same period in 2016. This contrasts with the world`s second largest lumber importer, China, to which import volumes have been up by 21 percent year-over-year. The lumber trade in Europe has also picked up in 2017, with the United Kingdom, the Netherlands, Austria, Denmark, and Spain having increased imports the most so far in 2017, reports the WRQ. Countries in the Middle East and North Africa, also known as the MENA countries, have sharply reduced consumption of lumber this year. In the first eight months of 2017, Egypt and Algeria have decreased imports by 24 percent and 39 percent respectively.
Increase in US lumber demand during the third quarter was met by higher domestic production both in the South and the West.
Lumber prices in both Finland and Sweden have strengthened in 2017, and in August, reached their highest levels since early 2015. Healthy domestic demand for lumber and strong export markets both contributed to the upward price trajectory.
Average import prices to China have continued their three-year climb to reach $190 per m3 in September.
The Russian sawmilling sector continues to add capacity in Siberia and the Far East, targeting the expanding demand for lumber in China. Just during the first eight months of this year, Russia increased shipments to China by 23 percent as compared to the same period in 2016.

Global Biomass Markets
It is likely that 2017 will be another year of record trade of wood pellets. The biggest increases in shipments to the major markets this year have been in pellets bound for Denmark, South Korea and Italy.
December 05, 2017