The governments of Canada and Quebec and Investissement Québec are awarding a total of $3,976,000 to...
Pulpwood prices in North America up 5-10%
The winter weather impacted availability and costs for pulplogs and wood chips in both Canada and the US in late 2018 and early 2019, according to the North American Wood Fiber Review. Slowing lumber production throughout North America led to reduced supplies of residual chips and slightly higher prices in early 2019.
Prices for pulplogs and wood chips moved up slightly in the US in the 1Q/19 while they were unchanged or slightly lower in Canada, as compared to the 4Q/18. For several regions in North America, the year began with higher fiber prices due to harvesting slowdowns after some inclement weather. In the US South Central and Southeast regions, there was particular demand for hardwood fiber, which resulted in an uptick in prices. These were also the regions that saw the highest quarter-to-quarter (q-o-q) increases on the continent in the 1Q/19.