Global sawlog prices driven by strong markets in the US and Europe
The Global Sawlog Price Index (GSPI) increased substantially, driven by strengthening lumber markets in both the US and Europe. The Euro-based ESPI sawlog price index fell in the 4Q/17 after reaching a two-year peak in the 3Q/17. As the Wood Resource Quarterly reported, during the 4Q/17, the Global Sawlog Price Index (GSPI) rose one percent from the previous quarter to reach just over $76/m3. This was the fourth consecutive quarterover-quarter rise, with the GSPI being up 9.8 percent in one year. Sawlog prices have gone up universally in ...
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