Record-high lumber prices in North America and Europe have moved both sawlog demand and values to some of their highest levels in 25 years. The European Sawlog Price Index (ESPI) reached a new all-time high of €103/m3 in the 4Q/21 as sawlog prices continued to climb throughout the continent. Sawmills in the Nordic countries currently have some of the lowest sawlog costs globally, as log prices did not rise as much as they did in most other countries. Global Pulpwood ...
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