{"id":32116,"date":"2020-09-09T11:04:51","date_gmt":"2020-09-09T08:04:51","guid":{"rendered":"http:\/\/orsiad.com.tr\/?p=32116"},"modified":"2020-09-09T11:15:24","modified_gmt":"2020-09-09T08:15:24","slug":"the-global-forest-industry-this-quarter","status":"publish","type":"post","link":"https:\/\/orsiad.com.tr\/en\/the-global-forest-industry-this-quarter.html","title":{"rendered":"The Global Forest Industry This Quarter"},"content":{"rendered":"<p><strong>Global Timber Markets <\/strong><\/p>\n<ul>\n<li>Sawlog prices fell in most of the major regions of the world in the 2Q\/20. A strengthening US dollar, weaker log demand early in the quarter, and sufficient log supply in some markets contributed to the lower prices.<\/li>\n<li>The<strong>Global Sawlog Price Index <\/strong>(GSPI) declined four percent q-o-q to its lowest level in over ten years, reports the Wood Resource Quarterly.<\/li>\n<li>The<strong>European Sawlog Price Index (ESPI) <\/strong>has fallen 9.1% in the past year. The largest sawlog price decreases have occurred in Central Europe<em>. <\/em><\/li>\n<li>Global trade of softwood logs fell by approximately 15% y-o-y during the first half of 2020 as the consumption of lumber dropped throughout the world.<\/li>\n<\/ul>\n<p><strong>Global Pulpwood Markets <\/strong><\/p>\n<ul>\n<li>Wood raw-material costs fell for most pulp manufacturers throughout the world in the 2Q\/20, which reduced WRI\u2019s two fiber price indices for the fifth consecutive quarter. The <strong>Hardwood Fiber Price Index (HFPI)<\/strong>dropped to its lowest level since 2004.<\/li>\n<li>The world\u2019s two largest purchasers of wood chips, China and Japan, drastically reduced their chip importation in the 2Q\/20, as the COVID-19 epidemic took its toll on pulp and paper consumption in the two countries.<\/li>\n<\/ul>\n<p><strong>Global Pulp Markets <\/strong><\/p>\n<ul>\n<li>Prices for hardwood market pulp (HBSK) have remained practically unchanged during the COVID-19 epidemic, despite short-term increases in demand for tissue and other paper hygiene products.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Prices for softwood pulp (NBSK) have inched up slightly this year from a three- year low in early 2020.<\/li>\n<\/ul>\n<p><strong>Global Lumber Markets <\/strong><\/p>\n<ul>\n<li>The good news for lumber producers in North America has been the increased usage of wood products in the repair and remodeling sector.<\/li>\n<li>US softwood lumber prices have risen spectacularly this year. Market prices for commonly traded grades have more than doubled from May to August.<\/li>\n<li>In the 2Q\/20, China increased importation of softwood lumber by 42% q-o-q, reaching 7.1 million m . This large increase followed a quarter where import volumes had fallen to a four-year low.<\/li>\n<li>As estimated eight percent of globally traded lumber is shipped to the Middle East\/Northern Africa (MENA) region. Following two years of increases, this year saw imports decline.<\/li>\n<li>Record high lumber prices in the US and slightly lower costs for sawlogs moved 2Q\/20 gross margins for US sawmills to some of the highest levels seen since 2005.<\/li>\n<\/ul>\n<p><strong>Global Biomass Markets <\/strong><\/p>\n<ul>\n<li>Import prices for industrial wood pellets fell q-o-q in the 2Q\/20 for the four major markets in Europe, with the largest declines occurring in Denmark and Belgium.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Timber Markets Sawlog prices fell in most of the major regions of the world in the 2Q\/20. A strengthening US dollar, weaker log demand early in the quarter, and sufficient log supply in some markets contributed to the lower prices. TheGlobal Sawlog Price Index (GSPI) declined four percent q-o-q to its lowest level in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":31936,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[254,2015],"tags":[7035],"class_list":["post-32116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headline-news","category-mdf-chipboard","tag-the-global-forest-industry-this-quarter"],"jetpack_featured_media_url":"https:\/\/orsiad.com.tr\/wp-content\/uploads\/mosder_ihracat_2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts\/32116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/comments?post=32116"}],"version-history":[{"count":0,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts\/32116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/media\/31936"}],"wp:attachment":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/media?parent=32116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/categories?post=32116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/tags?post=32116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}