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December 5, 2015

The global forest industry in the third quarter of 2015

Sawlog prices have trended downward in most markets worldwide for the past five quarters, resulting in the Global Sawlog Price Index (GSPI) declining by over 14% in one year. In the 3Q/15, the GSPI was at its lowest level since the 2Q/09.    The European Sawlog Price Index (ESPI) has dropped 24% the past 18 months to US$94.10/m3 (€84.67/m3) in the 3Q/15. This decline is the result of slowing demand for lumber in some markets as well as weaker currencies throughout Europe.    Worldwide trade of ...

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