Global forest products markets
Exciting and challenging - Global Timber markets - have a view on how we will see the situation
You can find a presentation held mid 2008 here:
(Text asDownload, 1,2 MB)
In May 2008 a timber market analyst stated:
"In the long run, it can be expected that trade of wood chips will decline as more pulp capacity will be added in regions with fast-growing plantations and pulpwood will be consumed locally"
He might be right, but just let's see what the BDI (baltic exchange dry index) is doing:
What is the BDI?
The Baltic Dry Index (BDI) is a number issued daily by the London-based Baltic Exchange. The index provides "an assessment of the price of moving the major raw materials by sea. Taking in 26 shipping routes measured on a timecharter and voyage basis, the index covers Handymax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain.
For more information, >>see here<<.
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