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January 13, 2021

Global wood fiber price indices moved up in the 3Q/20, mainly driven by a weaker US dollar

Global wood fiber price indices moved up in the 3Q/20, mainly driven by a weaker US dollar
In the 3Q 2020, the Global Hardwood Fiber Price Index (HFPI) was up by 1.6% to $81.17/odmt, following a 16-year low in the previous quarter. The first q-o-q increase in almost two years was mainly driven by a weakening of the US dollar against some currencies. Currencies in Europe and Oceania strengthened between 5-10% from the 2Q 2020 to the 3Q 2020.    In the Nordic countries, hardwood prices in the 3Q 2020 jumped 7% q-o-q (in US dollars) and were close to their highest levels in five ...

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