Global timber and wood products market update

Wood costs for the global pulp industry have increased 17 percent the past two years; only the US South has bucked the trend, reports the “Wood Resource Quarterly”.
Global market pulp production increased by seven percent in 2010, which increased demand for wood raw-material. As a result, prices for wood chips and pulplogs were up in most regions of the world.
The Softwood wood fiber price index (Sfpi) has increased 16.5 percent the past two years, while the Hardwood wood fiber price index (Hfpi) went up 17.7 percent.