timber prices
In the 3Q/09, the Global Sawlog Price Index (GSPI) had the highest quarter-to-quarter jump in the 15-year history of the Index, according to the Wood Resource Quarterly.
China became the major import destination for many globally traded forest products in 2009.
Prices for softwood lumber have fallen in most markets worldwide the past year, including in Europe, North America and Japan, reports the Wood Resource Quarterly.
