Global timber market

Global sawlog prices trending upward with the Gspi price index reaching the highest level since 2011: the biggest price increases occurred in Western US and Canada, reports the Wood Resource Quarterly (www.woodprices.com).
Sawlog price trends around the world were mixed in the 2Q/13, with prices increasing in log exporting regions of North America and Oceania, but declining in Europe.
The Gspi price index based on sawlog prices in 20 regions around the world, rose 5.1 percent from the 1Q/13 to the highest level since 2011.
The Global Sawlog Price Index (Gspi) increased for the fourth consecutive quarter in the 2Q/13 to reach US$86.60/m3.