Global Pulpwood Indices Trend Downward

The Softwood Wood Fiber Price Index (SFPI) fell in the 2Q for the first time since early 2009. The SFPI was $98.29/odmt, which was down 1.2 % from the previous quarter but 9.1% higher than the 2Q/09, according to the recently released Wood Resources Quarterly (WRQ), Seattle, Wash., USA. Softwood fiber prices fell the most in the U.S., Eastern Canada, Germany, and the Nordic countries, while prices were higher quarter-over-quarter in Western Canada, Russia, and New Zealand.

Global hardwood fiber prices trended downward in U.S. dollar terms in most regions covered by the WRQ. The biggest declines occurred in the U.S., Australia, and most countries in Europe. As a result, the Hardwood Wood Fiber Price Index (HFPI) was down 2.3% from the previous quarter to $103.37/odmt, but was still 9% higher than 12 months ago.

TAPPI
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