Global sawlog price index down almost 9%

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.

Reduced global demand for lumber has resulted in a reduction in the Global Sawlog Price Index by almost nine percent in 12 months, as well as a recent decline in the global trade of logs, as reported by the Wood Resource Quarterly.