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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

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 News provided by Share this article Share this article STOCKHOLM, May 14, 2021 /PRNewswire/ Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q/20. The Global Hardwood Fiber Price Index (HFPI) was up 1.4% from the 3Q/20 to the 4Q/20, the second q-o-q increase of the US dollar denoted Index from its 15-year low in the 2Q/20. Prices rose the most in Latin America and Indonesia, while the price gains were more modest in North America and Central Europe.

Global hardwood fiber costs for pulp mills increased at the end of 2020

Global hardwood fiber costs for pulp mills increased at the end of 2020 23:24 / May 14, 2021 Photo: Depositphotos Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q 2020, as The  Global Hardwood Fiber Price Index (HFPI) was up 1.4% from the 3Q 2020 to the 4Q 2020, the second q-o-q increase of the US dollar denoted Index from its 15-year low in the 2Q 2020. Prices rose the most in Latin America and Indonesia, while the price gains were more modest in North America and Central Europe. Despite prices increases during the second half of 2020, hardwood pulplog costs were substantially lower in the 4Q 2020 than in the 4Q 2019 in most of the 15 countries tracked by the Wood Resource Quarterly (WRQ), with prices declining by 5-15% y-o-y in US dollar terms.

Global wood fibre price indices moved up in Q3 20: WRQ - Pulp and Paper Canada

Global wood fibre price indices moved up in Q3 20: WRQ January 26, 2021 Wood Resources International has reported global wood fibre price indices moved up in Q3 2020, mainly driven by a weaker U.S. dollar. In the third quarter of 2020, the Global Hardwood Fiber Price Index (HFPI) was up by 1.6 per cent to $81.17/odmt, following a 16-year low in the previous quarter. The first quarter-over-quarter increase in almost two years was mainly driven by a weakening of the U.S. dollar against currencies in all WRQ countries except Russia. Advertisment Currencies in Europe and Oceania strengthened between five to 10 per cent from Q2 2020 to Q3 2020.

WRI s global wood fiber price indices moved up in the 3Q/20, mainly driven by a weaker US dollar

WRI s Global Hardwood Fiber Price Index up 1 6% in 3Q 2020

In the 3Q 2020, WRI’s the Global Hardwood Fiber Price Index (HFPI) was up by 1.6% to $81.17/odmt, following a 16-year low in the previous quarter. The first q-o-q increase in almost two years was mainly driven by a weakening of the US dollar against currencies in all WRQ countries except Russia.

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