The Global Sawlog Price Index (GSPI) increased substantially, driven by strengthening lumber markets in both the US and Europe. The Euro-based ESPI sawlog price index fell in the 4Q/17 after reaching a two-year peak in the 3Q/17. As the Wood Resource Quarterly reported, during the 4Q/17, the Global Sawlog Price Index (GSPI) rose one percent from the previous quarter to reach just over $76/m3. This was the fourth consecutive quarterover-quarter rise, with the GSPI being up 9.8 percent in one year. Sawlog prices have ...
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