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September 9, 2019

Falling sawlog prices across the world

Falling sawlog prices across the world

The Global Sawlog Price Index (GSPI) fell for the fifth consecutive quarter in the 2Q/19, reaching a two-year low. Log prices were down on all continents, with the biggest declines occurring in Europe.

In the 2Q/19, the European Sawlog Price Index (ESPI) fell to a nine-year low, reports the WRQ. In Euro terms, average sawlog prices in Austria and Germany have fallen almost 20% over the past two years, thus improving the competitiveness of the two countries sawmilling industry.

US softwood log shipments to China have fallen by $124 million in value since the trade war started May 2018.

Global Pulpwood Prices

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