1447225112943.jpg

Wood chips: Raw material also for the pulp industry © Dinah Urban

North American wood fiber prices continue their fall

Article by Robert Spannlang, edited for Timber-Online | 15.11.2016 - 08:38
1447225112943.jpg

Wood chips: Raw material also for the pulp industry © Dinah Urban

Prices for wood fiber consumed by the pulp industry in North America have fallen over the past year in all regions of the continent with the exception of the US South, reports the North American Wood Fiber Review (NAWFR). The biggest declines have been in the northwestern and northeastern US where prices have fallen between 10 and 15% from the Q3 2015 to the Q3 2016.

Prices have also fallen quite dramatically throughout Canada. Canadian wood fiber prices, in US dollar terms, have come down substantially from their record highs in 2012. Pulpmills throughout Canada have become much more competitive over the past few years and have gone from having the highest wood fiber costs in North America five years ago to currently having the lowest costs on the continent, NAWFR-experts say.