World timber price analysis: higher in the past two years

In the past year, the coniferous wood price index and the broadleaf wood price index rose by at least 6%, which resulted in the cost of wood accounting for about 60% of the cost of pulp production. The pulp industry has ushered in The highest timber price in two years. . This makes many manufacturers that play foreign solid wood raw materials nervous. The sudden increase of raw materials is not based on reasonable management and can be immediately flattened. The price of solid wood cabinets has fallen into the fog.

Take the price of coniferous wood in Seattle, USA as an example: The price of coniferous wood in the region after a short-term decline in the second quarter returned to the highest price that could only be reached in the financial crisis in the third quarter. Among them, the price of coniferous wood is US$99.8/m3, which is an increase of US$1.51 from the previous quarter. The reasons for the increase are not only the depreciation of the US dollar but also the sharp rise in prices of coniferous wood in Europe, the western US, and western Canada.

In Western Canada, the price of wood chips closely linked to pulp prices also showed an upward trend in the third quarter. Although the overall price increase was flat compared to the previous two quarters, the latest price also reached US$104/m3, which is 14%. The high prices that have not been seen for years, the price of wood chips in the region naturally became the highest price in North America.

At the same time, the price of broad-leaved wood around the world is also rising. The price increase in Europe has reached a maximum of 5%-10%. In France, Finland, Germany and Spain, the price of broad-leaved logs has increased significantly due to the high operating rate of pulp companies. Only broadleaf wood prices in the southern United States and western Canada have declined from the previous quarter.

From a worldwide perspective, due to the high timber prices in most parts of the world, the average price of hardwoods has increased by $1.51/m3 to $104.88/m3. In the third quarter, the price of hardwoods increased compared to the same period last year. 5.8%.

In the past two years, the cost of wood in the global pulping industry has risen far faster than energy, chemicals and labor costs. The proportion of the cost of wood raw materials in the pulp production process is 59%. Only 55% of the timber price is still the most uncertain factor in the future development of the global pulping industry.