{"id":75856,"date":"2018-06-13T16:28:06","date_gmt":"2018-06-13T16:28:06","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/global-forest-industry-trends-during-the-first-quarter-of-2018\/"},"modified":"2025-09-19T08:48:18","modified_gmt":"2025-09-19T08:48:18","slug":"global-forest-industry-trends-during-the-first-quarter-of-2018","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/global-forest-industry-trends-during-the-first-quarter-of-2018\/","title":{"rendered":"Global forest industry trends during the first quarter of 2018"},"content":{"rendered":"<p><em>The Global Sawlog Price Index (GSPI) jumped 5.1% q-o-q in the 1Q\/18 to reach\u00a0its highest level since late 2014. Also, there has been a steady increase in sawlog prices worldwide over the past year with<\/em><br \/>\n<em>the GSPI increasing just over 15% in 12 months.<\/em><\/p>\n<p>The Euro-based European Sawlog Price Index (ESPI) reached its highest level in\u00a0almost three years in early 2018, continuing an upward trend that started in 2016.<\/p>\n<p><strong>Global Pulpwood Prices<\/strong><\/p>\n<p>There have been strong pulp markets and record high prices for both softwood and hardwood market<br \/>\npulp resulted in upward price pressures on wood fiber throughout the world. The Global Softwood Fiber Price Index (SFPI) was up by 3.4% from the 4Q\/17\u00a0to the 1Q\/18, the second highest q-o-q increase in seven years. Softwood prices\u00a0rose in all regions covered by the WRQ, with the exception of Eastern Canada,\u00a0where chip prices fell 16%.<\/p>\n<p>Hardwood pulpwood saw a more modest price increase than softwood pulpwood,\u00a0with prices rising the most in Russia, Spain and Finland. The Global Hardwood\u00a0Fiber Price Index (HFPI) reached a three-year high of $90.47\/odmt in the 1Q\/18.<\/p>\n<p><strong>Global Pulp Markets<\/strong><\/p>\n<p>Global shipments of market pulp fell 3.3% q-o-q in the 1Q\/18 but increased 2.4%\u00a0as compared to the same quarter in 2017.\u00a0In the 1Q\/18, exports of wood pulp by the major producing countries\u00a0 worldwide\u00a0were mixed, with Brazil, Chile and Indonesia increasing hardwood pulp exports by<br \/>\nmore than ten percent as compared to the 1Q\/17. The US and Canada reduced\u00a0exports over the same period.<\/p>\n<p>Strong demand, coupled with tight supply and lower inventories, pushed NBSK\u00a0pulp prices upward during the first four months of 2018 in both Europe and North\u00a0America. BHKP pulp prices were also on a rising trajectory, but at a slower pace\u00a0than that of NBSK.<\/p>\n<p><strong>Global Lumber Markets<\/strong><\/p>\n<p>After softwood lumber consumption in the US reached a ten-year high in 2017,\u00a0demand fell in early 2018. Despite the reduced consumption, lumber production on\u00a0the US west coast jumped by over nine percent y-o-y in the 1Q\/18 thanks to strong\u00a0demand for lumber from China during the past year.<\/p>\n<p>In the Nordic countries, the sawmilling industry has seen its markets improve both\u00a0in regard to demand and pricing during 2017 and early 2018.<\/p>\n<p>Moreover, the demand for wood in China slowed in the 1Q\/18, with total import volumes of<br \/>\nsoftwood lumber falling to their lowest levels since the 4Q\/16, while\u00a0Russian lumber exports increased by 10% from the previous year, reaching an all-time-high volume of 28 million m3 in 2017 (more than double the export volume\u00a0in 2007).<\/p>\n<p><strong>Global Biomass Markets<\/strong><\/p>\n<p>Wood fiber costs for pellet producers in both Canada and the US were slightly\u00a0higher in the 1Q\/18 than in the previous quarter, continuing an upward trend that\u00a0started in early 2017. Both the US and Canadian Pellet Feedstock Price Indices\u00a0were up in the 1Q\/18.<\/p>\n<p>The United Kingdom, the world\u2019s largest consumer of wood pellets, imported 37%\u00a0of globally traded pellets in 2017. However, imports fell three percent from 2016,\u00a0the first y-o-y decline in nine years.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Global Sawlog Price Index (GSPI) jumped 5.1% q-o-q in the 1Q\/18 to reach\u00a0its highest level since late 2014. Also, there has been a steady increase in sawlog prices worldwide over the past year with the GSPI increasing just over &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/global-forest-industry-trends-during-the-first-quarter-of-2018\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":60159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3295,3254,3299,3273,3306,3405,3327,3323],"class_list":["post-75856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-biomass","tag-china","tag-europe","tag-forestry","tag-lumber","tag-north-america","tag-pulpwood","tag-wood","topic-forestry","topic-industry-prices","topic-pulp-paper","topic-sawmilling","topic-wood-energy","area-asia-middle-east","area-china","area-europe","area-north-america","area-russia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global forest 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