Displaying items by tag: Wood Resources International LLC

The value of softwood logs and lumber exported from North America to China reached over 1.6 billion dollars in 2010, which was 150 percent higher than the previous year and more than ten times as much as in 2006, reports the Wood Resource Quarterly.

The full article can be found in the attached PDF file.....

Published in Financial News

The wood chip cost discrepancy between pulp mills in Western and Eastern Canada was the lowest it has been in 10 years in the 4Q/10, reports the North American Wood Fiber Review

Over the past 20 years, pulp mills in Eastern Canada have consistently had higher wood fiber costs than the mills in the Western provinces with the exception of a short period in 1995, according to the North American Wood Fiber Review. In the 4Q/10, softwood chip prices had fallen in Quebec and Ontario and increased in British Columbia and Alberta resulting in the smallest cost gap between the two regions in 10 years.

The full article can be found in the attached PDF file.....

Published in Financial News

Sawlog costs in Europe have gone up more than lumber prices the past year, reports the Wood Resource Quarterly. With the expected decline in lumber consumption, many sawmills in Europe are considering reductions in their operating rates. As a consequence, prices for sawlogs are likely to drop from their two–year highs in the coming months.

The full article can be found in the attached PDF file.....

Published in Financial News

Global sawlog prices have trended upward in almost all regions of the world for the past two years.

After a temporary drop in the 2Q, the Softwood Wood Fiber Price Index (SFPI) increased again in the 3Q to the highest level during the financial crises.  

This year has been a very good year for the world’s producers of market pulp. World production for the first eight months was eight percent higher than last year.

Lumber markets were mixed around the world. In Sweden and Finland, lumber prices trended downward during the first half of 2010. Canadian w est coast spruce-pine-fir prices went up the most, and were 14 percent higher in September than in June.

Woody biomass prices in the US peaked in late 2008 and early 2009 and have fallen until the 2Q this year when they probably bottomed out for this cycle.

The full article can be found in the attached PDF file.....

Published in Financial News

Wood fiber costs for the global pulp industry in the 3Q/10 were close to the highest level in two years, reports the Wood Resource Quarterly

The cost for wood fiber accounts for almost 60 percent of the total production costs when manufacturing pulp. Both softwood and hardwood wood fiber price indices, SFPI and HFPI, have increased about six percent over the past year, according to the Wood Resource Quarterly.

The full article can be found in the attached PDF file.....

Published in Financial News

FOEX Indexes and Wood Resources International to partner in the launching of Global Wood Chip Price Indices

More than 80 million tons of wood chips, valued at almost ten billion US dollars, are traded annually in the open market worldwide and the shipment volumes are increasing.

FOEX and WRI have agreed to partner in the launching of global wood chip price indices. As for all price benchmarks in FOEX's PIX-index family, the indices will be based on a large number of actual trades and the data will be collected from both sellers and buyers of wood chips. The combined efforts of FOEX and WRI, and the PIX-index system, will ensure that the indices, whose launch is planned for early 2011, will be statistically reliable and thus well suited for numerous market participants. These include forest and energy companies who can use price indices for benchmarking, as well as the financial community, which can use the Indices as price risk management tools.

To learn more about this new, unique benchmark service, may contact either the FOEX representative in bio-indices, Mr. Matti Sihvonen (This email address is being protected from spambots. You need JavaScript enabled to view it.), Timo Teräs, the Managing Director (This email address is being protected from spambots. You need JavaScript enabled to view it.), or Mr. Håkan Ekström, the President of WRI (This email address is being protected from spambots. You need JavaScript enabled to view it.).

The full press release can be found in the attached PDF file.....

Published in Press Releases

China’s hunger for wood raw-material pushes timber prices upward, increasing the importation of logs and wood chips to record levels in 2010, reports the Wood Resource Quarterly

The forest industry in China is continuing its expansion, and with limited domestic timber resources, importation of logs and wood chips are at an all-time high, especially as tight supply of domestic logs has increased local log prices to new highs in the 2Q/10, according to the Wood Resource Quarterly.

The full article can be found in the attached PDF file.....

Published in Asian News

Woody biomass prices in the US increased in the 3Q/10 after having trended downward since early 2009, reports the North American Wood Fiber Review

Prices of wood fiber used for energy declined during most of the recession, partly as a result of the low cost of fossil fuels, which can serve as an alternative source for many industrial energy consumers. However, in the 3Q, biomass prices were up in the South, the Northwest and Southwest, according to the North American Wood Fiber Review. This trend break occurred mainly because of reduced fiber supply and generally lower biomass inventories.

The full article can be found in the attached PDF file.....

Published in Press Releases

Wood costs for sawmills and pulp mills in Sweden on the rise in 2010, reports the Wood Resource Quarterly

Continued healthy markets for lumber, pulp and paper has kept demand for logs at high levels in Sweden. As a result, log and wood chip prices have increased substantially the past 12 months, according to the Wood Resource Quarterly.

The full article can be found in the attached PDF file.....

Published in Financial News

Wood fiber costs for the global pulp industry fell in the 2Q/10 after having increased for 18 months, reports the Wood Resource Quarterly 

The global pulp industry benefited from lower wood fiber costs and higher product prices in the 2Q/10. Wood chip and pulpwood prices fell the most in the US, Sweden, Finland, Australia and Eastern Canada. Both the softwood and hardwood wood fiber price indices (SFPI and HFPI) fell for the first time since early 2009, according to the Wood Resource Quarterly.

The full article can be found in the attached PDF file.....

Published in Financial News
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