Softwood Pulpwood Saw Higher Price than Hardwood Pulpwood

According to the Wood Resource Quarterly (WRQ), softwood fiber costs were generally higher worldwide in the 2Q/21 than in the previous quarter despite an increase in the supply of residuals from sawmills in Europe and North America. Practically all regions covered by the WRQ experienced q-o-q prices increases in the range of 1-5 percent. The major exception was British Columbia, where wood chip prices were up by almost 20 percent because of tighter fiber supply and higher NBSK pulp prices. Over the past year, softwood fiber costs have gone up worldwide between 5 percent and 20 percent, except for in the US and Germany, where wood chip prices have fallen substantially.

The higher softwood fiber prices resulted in a two-year high of over $92/odmt for the Softwood Fiber Price Index (SFPI) in the 2Q/21. However, with only a modest increase of the Hardwood Fiber Price Index (HFPI) by one percent q-o-q to $84.41/odmt, the discrepancy between the two indices rose to the widest margin since 2007.

Hardwood fiber prices in most major pulp-producing countries saw minor price adjustments in the 2Q/21. However, a few regions, such as the US South, Eastern Canada, and Spain, stand out as being places where the costs of hardwood pulplogs have gone up over 5 percent from the 1Q/21.

Trade of hardwood chips in the Pacific Rim has increased rapidly for four consecutive quarters to reach a record-high of 6.7 million odmt in the 2Q/21.

FDMAsia About Us

For almost 30 years, FDM Asia has been the publication of choice for woodworking professionals in Asia Pacific, providing the latest news and expert insights of a diverse range of topics including process technologies, furniture production, panels manufacturing, raw materials handling and sustainability issues.

We have one of the most comprehensive woodworking database and e-media programme to assist you in your e-marketing and give you an exclusive opportunity to connect to our 25,152 online subscribers.