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The US is increasingly dependent on overseas lumber supply as Canadian softwood lumber production continues to decline

The GSPI sawlog price index rose 2 9% in the 3Q/20, reversing its two-year decline: Wood Resources International

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

European trade of wood chips has gone up substantially as sawmills have ramped up production and generated more residual chips

European trade of wood chips has gone up substantially as sawmills have ramped up production and generated more residual chips News provided by Share this article Share this article STOCKHOLM, Dec. 31, 2020 /PRNewswire/ Softwood lumber production in Europe has increased steadily increased over the past five years. Consequently, additional volumes of sawmill by-products, including wood chips, shavings, and sawdust, have become available to other sectors in the forest industry. The added wood fiber supply has predominantly benefitted pulpmills, manufacturers of wood-based panels, and wood pellet producers. Residual chips is typically a preferred lower-cost fiber furnish as compared to costlier small-diameter logs.

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