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Hakan Ekstrom
Wood fiber costs for Nordic pulp mills were at their lowest level in over ten year in early 2017
There are expectations that sawlog prices may continue to go up in the coming months because of improved opportunities for Brazilian exporters of lumber, plywood and value-added products.
Hakan Ekstrom
Lower log and sawdust prices in the US South have resulted in a 15% decline of the Pellet Feedstock Price Index since 2013
Hakan Ekstrom
Although lumber production in New Zealand has increased the past three years, export volumes have fallen 15%.
Hakan Ekstrom
Lumber shipments from New Zealand to the US have gone up 37% the past four years and can be expected to increase in the future.
Hakan Ekstrom
The wood cost is often the major factor determining a pulp mill's competitiveness. In 2016 and early 2017, these costs fell in the US, with prices for wood chips and pulplogs declining more in the West than in the South.
Hakan Ekstrom
Consumption of pellets in Japan and South Korea has increased quite rapidly the past four years because of new government requirements which favor reducing carbon emissions and increasing the usage of renewable energy.
Hakan Ekstrom
Prices for imported softwood lumber to China have been in a steady upward trend during 2016 and 2017 with the average import price in March 2017 being 13% higher than 18 months earlier.
Hakan Ekstrom
High import tariffs on Canadian softwood lumber will increase overseas imports but Canada will remain the largest and most important supplier of lumber to the US housing market
Hakan Ekstrom
High supply of sawmills chips in Quebec and Ontario may force lumber companies to export chips outside the country
Hakan Ekstrom
Wood raw-material costs for European lumber producers have fallen faster than in most other regions of the world the past three years and sawmills on the continent have become more competitive
Hakan Ekstrom
China has surpassed Japan as the largest importer of chips in the world with Vietnam and Australia being the major suppliers in 2017
Hakan Ekstrom
Feedstock for pellet plants in North America is changing with increased usage of forest residues
Hakan Ekstrom
Lumber import prices rose during 2016 after two years of sharply declining prices.
Hakan Ekstrom
Softwood lumber import prices to China have gone up 6% in one year after two years of sharply declining prices.
Hakan Ekstrom
The current ESPI sawlog price index is 10% higher than the average for 1999-2016
Hakan Ekstrom
Wood fiber costs for global HSK pulp mills have gone up during 2016 after a 11-year low in the 1Q/16
Hakan Ekstrom
Regional sawlog prices around the world have generally converged during 2015 and 2016 with prices in high-cost regions having declined more than prices in low-cost regions.
Hakan Ekstrom
Wood costs for the pulp industry have fallen throughout most of North America in 2016
Hakan Ekstrom
US prices for lumber surged in late 2015 and throughout 2016 as exemplified by prices for southern yellow pine, which jumped over 35% in 12 months.
Hakan Ekstrom
The UK has increased imports of wood pellets from the US South 800% from 2012 to 2016
Hakan Ekstrom
Higher demand for lumber in the US and of wood pellets in Europe has resulted in increased timber removals in the US
Hakan Ekstrom
Sawlog prices were up in the 2Q 2016 because of higher demand and increased trade.
Hakan Ekstrom
Strengthening demand for wood in key markets have moved softwood lumber prices upward in 2016.
Hakan Ekstrom
The export value for BC lumber shipped to China in 2016 is on pace to decline by 50% as was exported in 2014. Many Canadian sawmills have redirected their shipments to the healthy US market in 2016
Hakan Ekstrom
The wood costs for larger sawmills in Eastern Russia as a percentage of the lumber export prices have fallen substantially the past four years
Hakan Ekstrom
Sawmills in Austria and Germany have some of the highest sawlog costs in Europe despite log price declines of 12% the past two years.
Hakan Ekstrom
The price index for hardwood chips traded overseas have fallen 19% since its peak in 2011
Hakan Ekstrom
New Zealand, the world's leading exporter of softwood logs, exported 50% of the country's total harvest in 2015
Hakan Ekstrom
Sawlog prices in both Austria and Germany have been falling since early 2014, and in the 1Q/16 they reached their lowest level since the 2Q/10
Hakan Ekstrom
Wood costs for pulp mills worldwide have fallen for most of the past five year. Hardwood fiber costs are now almost 30% lower than in 2011.
Hakan Ekstrom
Imports of softwood lumber to the MENA countries has gone up 26% in two years with Egypt being the largest importer followed by Algeria and Saudi Arabia
Hakan Ekstrom
Russian lumber export prices have fallen 36% in two years in US dollar terms but reach a record high in Rouble terms in the 1Q/16
Hakan Ekstrom
Prices for wood chips and pulp logs in Eastern Canada down 30% in four years. The pulp mills in the region now have some of the lowest wood costs in North America
Hakan Ekstrom
During the past three years, Australia has increased its shipments of logs to China three-fold.
Hakan Ekstrom
Newly opened pellet plants in the US Gulf Coast region resulted in record high exports of pellets to Europe in the 4Q/15
Hakan Ekstrom
Pulpmills in Russia have currently the lowest wood costs in the world
Hakan Ekstrom
Sawlog prices have fallen faster than the rest of the world with the ESPI price index reaching the lowest level since 2009
Hakan Ekstrom
Lumber prices fell throughout the world in 2015. However, the US lumber market was a bright spot with healthy housing market resulting in increased lumber imports.
Hakan Ekstrom
New pellet plants in the US Gulf Coast states has resulted in a dramatic increase in pellet shipments in 2015
Hakan Ekstrom
Russian softwood log shipments to the Nordic countries have fallen from 7.5 million m3 to one million m3 in ten years and the Baltic States are now the major log suppliers in the region.
Hakan Ekstrom
Australia became the second largest exporter of Eucalyptus chips in 2015 with Chinese pulp mills being the major destination.
Hakan Ekstrom
Import prices of softwood logs and lumber to China have fallen about 30% from their peak in 2014.
Hakan Ekstrom
Softwood lumber price fell in most major markets worldwide during the fall
Hakan Ekstrom
European sawmills are becoming more competitive with falling sawlog prices.
Hakan Ekstrom
Global sawlog prices have fallen almost 20% in 12 months partly because of lower demand for wood in China
Hakan Ekstrom
The value of imported logs and lumber to China has fallen from 900 to 500 million dollars in 18 months
Hakan Ekstrom
Prices for hardwood chips imported to Japan from Australia, Chile and South Africa fell in July.
Hakan Ekstrom
After sawlog prices in Brazil reached an all-time-high in 2011, prices have been in a steady decline.
Hakan Ekstrom
In the 2Q/15, lumber prices fell in the US, Canada and the Nordic countries, while the drop in import prices to China and Japan has been more modest.
Hakan Ekstrom
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