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Editor’s pickWRI: Weakened US dollar drives global wood fiber price indices up 1.6% in 3Q 2020

13-01-2021
Wood Resources International, WRI, prices, hardwood, softwood, market

In 3Q 2020, the Global Hardwood Fiber Price Index (HFPI) was up by 1.6% to $81.17/odmt, following a 16-year low in the previous quarter. The first q-o-q increase in almost two years was mainly driven by a weakening of the US dollar against currencies in all WRQ countries except Russia. Currencies in Europe and Oceania …