Global Sawlog Prices Up 17% the Past 12 Months with the Biggest Gains Seen in Northern Europe
        
RSS feed for Wood Resources International LLC:
Bothell, WA, June 09, 2010 -- Global conifer sawlog prices have steadily increased for four consecutive quarters in all major world regions. The Global Sawlog Price Index (GSPI), which is based on quarterly conifer sawlog prices in 19 key regions worldwide, increased from US$65.89/m3 in the 1Q/09 to US$76.77/m3 in the 1Q/10, a climb of almost 17%. The biggest price increases the past year have occurred in Oceania and Northern Europe, while North America has seen only moderate upward price adjustments.
Sawmills in Central and Northern Europe continue to have the highest wood costs in regions producing softwood lumber. These are also regions that have experienced the biggest price increases the past year. In Sweden and Germany, spruce sawlog prices were 28% and 15%, respectively, higher in the 1Q/10 than in early 2009, according to the Wood Resource Quarterly. Sawlog prices in Latvia and the Czech Republic have also gone up the past 12 months as a result of higher operating rates at the regions sawmills. Early in 2010, log prices were up 43% in Latvia and 25% in the Czech Republic as compared to the 1Q/09.
New Zealand exports of logs and lumber in the 1Q/10 were 50% and 18% higher, respectively, than the same quarter last year. The increase in shipments is practically all thanks to the continued strong demand for most forest products in China. As a result of the strong export market, domestic sawlog prices has gone up about four percent from a year ago in the local currency and 38% in US dollar terms. Export log prices have increased for four consecutive quarters, and were in the 1Q/10 over 50% higher than the same quarter in 2009.
Pine sawlog prices have also gone up in Australia by almost 40% in US dollar terms, mainly as the result of a strengthening Australia currency. Sawmills in Australia continue to have higher raw-material costs than their competitors in New Zealand.
Because lumber markets have improved, it is likely that sawlog prices in local currencies will continue to increase in many markets in the coming months in the local currencies. This may not necessarily translate into a higher GSPI Index next quarter since the US dollar can be expected to strengthen, particularly against European currencies.
Global timber market reporting is included in the 50-page publication Wood Resource Quarterly (www.woodprices.com). The report, established in 1988 and with readers in over 25 countries, tracks sawlog, pulpwood, lumber and pellet prices in key regions around the world and also includes regular updates of the latest developments in international timber, pulp, lumber and biomass markets.
Contact Information : Wood Resources International LLC, Hakan Ekstrom, info@wri-ltd.com, www.woodprices.com
Press Release Distribution By PressReleasePoint
Contact :
Hakan Ekstrom
Wood Resources International LLC
PO Box 1891
Bothell, WA 98041 USA
1-425-402-8809
info@wri-ltd.com
http://www.woodprices.com
 Simpy
 Google
 Technorati
 del.icio.us
 reddit
 Digg
 Furl It
 Spurl
 Blink It
 MyYahoo
 Newsvine
Technorati Tags:
sawlog prices
wood costs
Pine sawlog
lumber markets
timber market
pulpwood
Related Press Releases:
| 2012 U.S. Commodity Contracts Dealing Industry |
17/04/2012
|
| Alkhaleejion Kitchens – Setting new standards in modular kitchen systems |
25/01/2012
|
| pdf to dwg, tiff to dwg, tiff to eps, 2d to 3d conversion, xbrl conversion, DWG CONVERSION, DGN Conv |
16/01/2012
|
| Wide range of Hydroponic products beneficial for gardening |
06/01/2012
|
| Livestock Business in India |
02/11/2011
|
| Green Palm Co: Best Palm trees provider |
24/10/2011
|
| Dakota Micro Achieves ISO 9001:2008 Certification |
20/10/2011
|
| Department of Agriculture Helps Local Farmer |
07/10/2011
|
| Department of Agriculture Helps Local Farmer |
07/10/2011
|
| Agricultural University Zamorano to Host Symposium |
06/10/2011
|
| Department of Agriculture Helps Local Farmer |
05/10/2011
|
| Department of Agriculture Helps Local Farmer |
05/10/2011
|
| Department of Agriculture Helps Local Farmer with Green Energy Initiatives |
05/10/2011
|
| Robert Van Steenwyk Appointed to Invasive Species Advisory Committee |
30/09/2011
|
| Cutting Bar Assembly Manufacturer, Cutting Bar Assembly for combine harvester available |
17/09/2011
|
| Cutting Bar Assembly Manufacturer, Cutting Bar Assembly for combine harvester available |
17/09/2011
|
| Cutting Bar Assembly Manufacturer, Cutting Bar Assembly for combine harvester available |
17/09/2011
|
| Biology and Management of Thrips in Cotton Seedlings |
15/09/2011
|
| Suppliers of the finest quality herbal supplements, including Spirulina, Black seed and Organic Spi |
28/08/2011
|
| Nature’s Lawn and Garden, Inc. Releases All-In-One for Lawns Liquid Fertilizer |
17/08/2011
|
| Four Essential Hydroponics Supplies For Better Plant Growth |
05/08/2011
|
| GROUND BREAKS ON LARGE ROOF TOP SOLAR PROJECT FOR SIMCOE |
03/06/2011
|
| Premium quality equestrian wood shavings now supplied by ahs ltd |
02/06/2011
|
| Premium quality equestrian wood shavings now supplied by ahs ltd |
02/06/2011
|
| Premium quality equestrian wood shavings now supplied by ahs ltd |
02/06/2011
|
| Tier-Rack Corporation, leading US manufacturer of stack racks, announces a line of Doffer Grinde |
20/05/2011
|
| Access statement and Disability awareness services by proud lock associates |
05/05/2011
|
| New Agriculture Farm Tractors For Sale |
30/04/2011
|
| Warrior Group’s Innovative Permanent Modular Designs Win Awards From Leading Industry Trade Group |
30/04/2011
|
| Render Image, India - High Quality & Fabulous 3D Interior & Exterior Rendering. |
28/04/2011
|
| Render Image, India - High Quality & Fabulous 3D Interior & Exterior Rendering. |
28/04/2011
|
| Hire android App Developer Company is android application development services for all kind of indus |
30/03/2011
|
| ITW AGRICULTURAL SOLUTIONS INTRODUCES A REVOLUTIONARY RFID LEGBAND - DairyCuff |
15/03/2011
|
| Hire Google Android Apps Developer at Lowest Hourly Rates |
10/02/2011
|
| Break-Through Organic Gardening Secret Grows You Up To 10 Times The Crops |
26/01/2011
|
| Fetch Pet Care Announces Advance Training In Dog Walking |
07/01/2011
|
| Bangalore to host the Biggest International Co-operative Business Event, ICA Expo 2010 |
26/11/2010
|
| Italian Rotavator Manufacturer,Rotary Tiller Suppliers,Mazzini Rotavator Blade Supplier Exporters fr |
11/11/2010
|
| Are you interested in Harvester Parts Manufacturer, Combine Parts Supplier from India |
09/09/2010
|
| Joyce Sutcliffe SVP at Tetraphase to speak at Anti-Infectives Partnering Summit Oct. 7 Boston, MA |
14/08/2010
|
| Joyce Sutcliffe SVP at Tetraphase to speak at Anti-Infectives Partnering Summit Oct. 7 Boston, MA |
14/08/2010
|
| Global Trade of Softwood Logs has Increased in 2010 After Having Fallen 30 Percent in Two Years |
12/08/2010
|
| Exports of Lumber and Logs from New Zealand on Pace to Reach a Record in 2010 |
29/07/2010
|
| Biomass Now Generates 32% of all Energy in Sweden, causing Increased Competition for Pulpwood |
03/07/2010
|
| Eucalyptus Log Prices in Brazil Have Gone Up 25% the Past Year |
02/07/2010
|
| Biomass Now Generates 32% of all Energy in Sweden, causing Increased Competition for Pulpwood |
25/06/2010
|
| ABLE – SIGAB appoints Dr. Shanthu Shantharam as Executive Director |
01/06/2010
|
| Wood Fiber Prices for the Global Pulp Industry Rise 11%, Reaching Pre-financial Crisis Levels |
29/05/2010
|
| Fresh Food Expert Laura Mcintosh to Speak at the National Restaurant Association Show |
26/05/2010
|
| Manufacturer And Exporter Tractor Parts, Piston Ring Set,Head Gasket |
13/05/2010
|
| Biomass Prices Throughout the US have been Impacted by the Federal Program BCAP |
13/05/2010
|
| Sell: sunflower seed cleaning dehulling & separating equipment |
12/05/2010
|
| Buckwheat hulling machine |
11/05/2010
|
| Global Shipments of Wood Chips Fell 14% in 2009; China Bucked the Trend Tripled its Imports, Reports |
08/05/2010
|
| Silver Jewelry online |
07/05/2010
|
| Silver Jewelry online |
07/05/2010
|
| Manufacturer Pulley SGL Groove,Supplier Injector Tractor Parts |
06/05/2010
|
| Connecting Rod Manufacturer,Piston Rings Set Supplier |
29/04/2010
|
| Wood Fiber Price Trends Were Mixed in the US in the 1Q; Up in the South but Falling in the Northwest |
28/04/2010
|
| Cedar Park Roofing: Local Roofing Contractor in Cedar Park, TX Recognized |
17/04/2010
|
| Softwood Log Prices Increased in Russia in 2009, While Hardwood Prices Fell because of a 72% |
17/04/2010
|
| Global Lumber Markets Improved in Late 2009 with Prices Moving Upward in North America |
08/04/2010
|
| Keystone Gardens Celebrates World Mulch Day April 3, 2010 |
03/04/2010
|
| Tractor Parts,Manufacturer Utb 650 Spare Parts,Tractor Engine Parts |
25/03/2010
|
| UTB 650 Hydraulic Lub Oil Pump,Lever,Bush,Lubricating Oil Pump |
11/03/2010
|
| Agricultural Disc Manufacturers,Harrow Disc Blade Supplier from India |
03/03/2010
|
| Agricultural Disc Manufacturers,Harrow Disc Blade Supplier from India |
03/03/2010
|
| Agricultural Disc Manufacturers,Harrow Disc Blade Supplier from India |
03/03/2010
|
| Exporter of Utb 650 Tractor Part and Engine Spare Parts from INDIA. |
25/02/2010
|
| Pulp and Paper Manufacturers Worldwide Consumed 75 Million Tons of Woody Biomass for Energy in 2009 |
24/02/2010
|
|
|
Contact Information
Hakan Ekstrom
Wood Resources International LLC
1-425-402-8809
Press release files
There are no files associated with this release.
Please do not contact SANEPR with questions, queries or comments regarding any information contained within press releases, distributed by or appearing on SANEPR.com Please contact the company listed in the press release as SANEPR will be not be able to assist with any such inquiry as stated in the terms of service.
|
 |
