WRI’s Hardwood Fiber Price Index fell to a 16-year low in the 2Q/20, driven by lower pulplog prices in Brazil, Russia and Eastern Canada
Wood raw-material costs fell for most pulp manufacturers throughout the world in the 2Q/20, reducing WRI’s two fiber price indices for the fifth consecutive quarter. The q-o-q declines for the Hardwood Fiber Price Index (HFPI) and the Softwood Fiber Price Index (SFPI) were 4.8% and 1.9%, respectively. In the 2Q/20, the HFPI Index reached its lowest level since 2004, and it was substantially below the average rate since the Index’s inception in the 1Q/1988. The HFPI is composed of regional prices for wood chips and pulplogs delivered to pulpmills in 14 key regions around the world, and is