The global flow of softwood logs from countries with a surplus of wood raw material to regions with tight, or costly log supply, and higher consumption of forest products continued to expand for the third consecutive year in 2018. Sawlog prices fell throughout the world in the 1Q/19 due to either plentiful supply or reduced demand for lumber, depending on region. The Global Sawlog Price Index (GSPI) fell 1.8% to the lowest level noted since the 2Q/17. The Euro-denominated European Sawlog Price Index (ESPI) was €81.08/m3 ...
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