The costs of wood fiber for softwood pulp manufacturers in 16 countries have increased in the last two years and, as a result, the QPI price index of SFPI has reached its highest level in five years



[ad_1]

SEATTLE, August 4, 2019 / PRNewswire / – The cost of wood fiber for the global pulp industry has been rising for over two years due to increased demand and tightening of regional fiber supply Of wood. From the first quarter / 17 to the first quarter / 19, prices of pulplogs and wood chips (in local currency) increased in the 17 countries followed by the WRQ. The only exception is in Eastern Canada, where an oversupply of sawmill residues has put downward pressure on log and chip prices. The largest price increases in recent years have been observed in West of North America, the Nordic countries, Russia and Indonesia.

the Softwood Fiber Price Index (SFPI) Up by 0.5% quarter on quarter in the first quarter / 19. This is the third consecutive quarterly increase and has the highest index since the end of 2014. Among the regions covered by the index, Russia, New Zealand and the southern United States contributed the most. However, in some parts of the world, pulplog prices have fallen. central Europefor example, log stocks from trees damaged by storms and insects have been very abundant, resulting in lower log prices in late 2018 and early 2019.

Pulp mills along the US Atlantic coast have seen their wood fiber costs rise by almost 10% over the last year due to higher transportation costs and tightening of supply. in logs related to difficult conditions of logging and transportation. Given the shortage of wood fiber in the first quarter of year 19, prices of wood chips and pulpogs in the south-central and south-eastern states reached their highest level near seven years, says the North American Wood Fiber Review. The average price of softwood chips increased significantly for the first time in more than five years.

With the weakening of the pulp and paper market and improved operating conditions, it is likely that prices for softwood fiber will decline in many regions during the coming months. summer.

Reports on the global market for lumber, sawlogs and pulpwood are included in the 56-page quarterly Wood Resource Quarterly (WRQ). The report, which was created in 1988 and has subscribers in more than 30 countries, traces the prices of saw logs, pulpwood, wood chips, lumber and pellets, as well as the evolution of trade and markets in most key regions of the world. Please visit our website WoodPrices.com to learn more about our subscription services.

CONTACT:
Wood Resources International LLC
Hakan Ekstrom
[email protected]
www.woodprices.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/wood-resources-international-llc/r/wood-fiber-costs-for-softwood-pulp-manufacturers-in-16-countries-have-gone-up-the-past- two years – one, c2873192

The following files are available for download:

SOURCE Wood Resources International LLC

SOURCE Wood Resources International LLC

[ad_2]
Source link