Global hardwood, softwood prices fell in Q2/2020

Global hardwood, softwood prices fell in Q2/2020
Wood raw-material costs fell for most pulp manufacturers throughout the world in the 2Q/20, reducing fiber price indices for the fifth consecutive quarter.    The q-o-q declines for the Hardwood Fiber Price Index (HFPI) and the Softwood Fiber Price Index (SFPI) were 4.8% and 1.9%, respectively. The HFPI Index reached $79.88/odmt in the 2Q/20, the lowest level since 2004, and substantially below the average rate since the Index’s inception in the 1Q/1988.    The HFPI is composed of regional prices for wood chips ...

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