Sharp rise in prices for hardwood chips exported from Latin America

    Tight supply of hardwood fiber in the Pacific Rim have pushed prices for Latin American hardwood chips upward during the first half of 2019. However, a decline in chip consumption in China is expected to occur in the second half of the year, which would likely end the most recent price rally that started in mid-2018.    Export prices for hardwood chips jumped for all three exporting countries in Latin America in the 1Q/19. The biggest increases were for chips shipped from Chile and Uruguay, which were up over 10% from ...