The Global Hardwood Fiber Price Index<\/strong> (HFPI) was up 1.4 percent from the third quarter 2020 to the fourth, the second q-o-q increase of the US dollar denoted Index from its 15-year low in the second quartar 2020. Prices rose the most in Latin America and Indonesia, while the price gains were more modest in North America and Central Europe.<\/p>\n Despite prices increases during the second half of 2020, hardwood pulplog costs were substantially lower in the fourth quarter 2020 than in the fourth quarter 2019 in most of the 15 countries tracked by the Wood Resource Quarterly, with prices declining by 5-15 percent y-o-y.<\/p>\n Softwood fiber<\/strong> costs also increased globally in the fourth quarter 2020, except for pulpmills in the US and Germany, where healthy production levels in the sawmilling sector generated more residuals and, as a consequence, mills had less need for costlier pulplogs. Prices for softwood residual chips in the Us Northwest fell by 3 percent<\/strong> q-o-q and were as much as 19 percent lower than in the fourth quarter 2019 because of high operating rates in the region\u2019s sawmills. In the Us South, where fiber prices typically fluctuate much less than in the Us Northwest, average chip prices were down one percent q-o-q to a two-year low.<\/p>\n In Germany, softwood chip prices continued to slide in the fourth quarter 2020. The significant increase in byproducts generated by Germany\u2019s lumber producers has positively impacted the total softwood fiber costs for the pulp industry in the region. In just three years, wood chip prices have fallen by half to a level last seen in 2003, according to the Wrq.<\/p>\n The reduced fiber prices are good news for German pulp producers as wood fiber costs account for almost 50 percent of the manufacturing costs. Softwood fiber price changes were mixed over the past year. There were declines in North America, Central Europe, Russia, Brazil, Oceania, and Japan compared to increases in the Nordic countries, Chile and China.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020 but were still substantially lower in many markets compared to late 2019 Increased demand for hardwood […]<\/p>\n","protected":false},"author":5,"featured_media":5349,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-17356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\n