Worldwide sawlog prices drop, while lumber trade intensifies
The Global Sawlog Price Index (GSPI) fell 1.4% in the 2Q/18. This was the first q-o-q decline since the 4Q/16. Sawlog prices fell on all continents (in US dollar terms) except for North America, where prices in the 2Q/18 were up 3.3% from the previous quarter and up 14.5% from the 2Q/17. The European Sawlog Price Index (ESPI-€), which fell slightly in the 2Q/18, has been quite stable during 2017 and 2018, fluctuating between just over €85/m3 and mid-€86/m3, as reported by Wood Resource Quarterly ...
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