London, 17 April 2011

Asia’s increasing demand for wood drives sawlog prices up in the US and Canada, reports the North American Wood Fiber Review.

Sawlog prices in Western US were up about 20 percent in 2010 as an result of increased competition for logs from log buyers in China, South Korea and Japan, according to the North American Wood Fiber Review. Prices for logs in the US South and Canada also moved up last year, but at a slower rate. Sawmills in Western Canada currently have some of the lowest wood costs in the world.

Ends --

A news brief from Wood Resources International LLC.

Attachments:

GTWMU Q1 2011.pdf

104 Kb