The global sawlog price index in the 1Q/12 was down almost nine percent from early 2011, with Europe experiencing the biggest decline in prices, reports the Wood Resource Quarterly.
Devon Lumber in Fredericton has wood chips piled 2 storeys high and no buyers
Harry Gill, president of Devon Lumber Company in Fredericton, New Brunswick, said he has no market for his wood chips now that so many pulp mills are shut down in New Brunswick, Nova Scotia, Maine, and Quebec.
