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November 14, 2023

Weaker global lumber markets have resulted in lower sawlog prices

Weaker lumber markets have resulted in lower sawlog prices worldwide. The Global Sawlog Prices Index (GSPI) fell 1.6% in the 2Q/23 q-o-q. Year-over-year, this fall represented almost a 10% decline compared to the 2Q/22 when it hit its all-time high. Although sawlog prices have moved downward in most of the 20 countries the index tracks, a few regions, including the Nordic countries and Latin America, have seen rising log prices over the past year.   The Global Sawlog Prices Index (GSPI) fell 1.6% in the 2Q/23 quarter-over ...

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