Tasmanian Times

Forestry

Global sawlog prices jump

Global sawlog prices jumped almost 8% in the 3Q/09 because of improved lumber markets in the US and Europe, reports the Wood Resource Quarterly

In the 3Q/09, the Global Sawlog Price Index (GSPI) had the highest quarter-to-quarter jump in the 15-year history of the Index, according to the Wood Resource Quarterly. The Index increased for the third straight quarter and reached just over US$73/m3.

The full article can be found in the attached PDF file…..

globalFPMU_Global_sawlog_market_3Q_09.pdf

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