The global forest industry rides out of a terrible year
The global forest industry has gone through an unprecedented year caused by the Covid-19 pandemic. These are the key fluctuations and trends within the timber, pulpwood, pulp, lumber and wood biomass sectors: Global Timber Markets • Strong lumber sales and a weakening US dollar moved sawlog prices upward in many markets worldwide in the 3Q/20. The most significant price increases occurred in Western US, Northern and Eastern Europe, and Oceania. • Following a two-year decline, the Global Sawlog Price Index (GSPI) increased in the 3Q/20 by 2.9% from the previous quarter ...
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