WRI’s global wood fiber price indices moved up in the 3Q/20, mainly driven by a weaker US dollar
In the 3Q/20, 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.
In the 3Q/20, 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.
Strong lumber sales and a weakening US dollar moved sawlog prices upward in many markets worldwide in the 3Q/20. The most significant price increases occurred in Western US, Northern and Eastern Europe, and Oceania.
Australia’s role as a hardwood chip supplier to China and Japan has dramatically diminished in 2020, with shipments having fallen by 34% from last year
Figure 1. Meva Energy´s renewable gas plant replacing fossil gas consumption at Sofidel Sweden's tissue mill in Sweden.
Sylvamo is investing $145M to upgrade its Eastover mill and Sumter sheeting plant in SC, boosting production and customer service by 2026. Source: Sylvamo