Worldwide Increase of Wood Costs for the Pulp Industry as Supply Tightens
The wood costs for the world's pulpmills reached a 13-year high in the 4Q/07 as many pulp producers struggled to source their mills with sufficient supply of wood fiber.
Seattle, WA, February 08, 2008 --(PR.com)-- Wood fiber costs for pulp manufacturers worldwide reached the highest level in 13 years as wood supply tightened in many markets in North America, Europe, Latin America and Asia, according to the market report Wood Resource Quarterly. As the wood cost account for 40-50% of the total pulp production costs, it is often the predominant factor determining a company's or region's competitiveness.
With few exceptions, softwood chips and pulpwood prices were up in all countries covered by the Wood Resource Quarterly. The biggest increases came in Russia, Chile, Brazil and the Nordic countries. This resulted in the average global softwood price having the second biggest quarterly jump since 1995, up $4.35/odmt (oven-dry metric ton) to $107.50/odmt in the 4Q. Softwood prices have steadily increased the past five years and are now almost 60% higher than in 2002.
The Global Average Wood Fiber Price is a weighted average of delivered wood fiber prices for the pulp industry in all 17 regions tracked by the publication Wood Resource Quarterly (WRQ). These regions together account for 85-90% of the world’s wood-based pulp production capacity. The price is based on current quarter average prices, and country/regional wood fiber consumption data. The global average for softwood and hardwood is calculated in nominal US$ per odmt of wood fiber.
The average hardwood fiber costs were also up in the 4Q, reaching a record-high of US$104.17/odmt, which was 13% higher than a year ago and 24% higher than 4Q/05. The biggest prices increases occurred in Russia, Indonesia, Chile, Finland and Sweden.
Global pulpwood and sawlog prices as well as market developments are included in the publication Wood Resource Quarterly, which tracks the evolving global sawlog and pulpwood cost situation, including regular updates of the biomass market, timberland investment trends and forest industry profiles in important world regions.
Contact Information
Wood Resources International
Hakan Ekstrom
info@wri-ltd.com
www.woodprices.com
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With few exceptions, softwood chips and pulpwood prices were up in all countries covered by the Wood Resource Quarterly. The biggest increases came in Russia, Chile, Brazil and the Nordic countries. This resulted in the average global softwood price having the second biggest quarterly jump since 1995, up $4.35/odmt (oven-dry metric ton) to $107.50/odmt in the 4Q. Softwood prices have steadily increased the past five years and are now almost 60% higher than in 2002.
The Global Average Wood Fiber Price is a weighted average of delivered wood fiber prices for the pulp industry in all 17 regions tracked by the publication Wood Resource Quarterly (WRQ). These regions together account for 85-90% of the world’s wood-based pulp production capacity. The price is based on current quarter average prices, and country/regional wood fiber consumption data. The global average for softwood and hardwood is calculated in nominal US$ per odmt of wood fiber.
The average hardwood fiber costs were also up in the 4Q, reaching a record-high of US$104.17/odmt, which was 13% higher than a year ago and 24% higher than 4Q/05. The biggest prices increases occurred in Russia, Indonesia, Chile, Finland and Sweden.
Global pulpwood and sawlog prices as well as market developments are included in the publication Wood Resource Quarterly, which tracks the evolving global sawlog and pulpwood cost situation, including regular updates of the biomass market, timberland investment trends and forest industry profiles in important world regions.
Contact Information
Wood Resources International
Hakan Ekstrom
info@wri-ltd.com
www.woodprices.com
###
Contact
Wood Resources International LLC
Hakan Ekstrom
425 402 8809
www.woodprices.com
Hakan Ekstrom
425 402 8809
www.woodprices.com
Contact
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