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Global wood prices surging due to increased competition and higher freight costs
October 7, 2008
Wood fibre prices worldwide have been rising steadily for the past six years, reaching record levels in 2Q/08. Expanding demand for renewable energy may potentially drive prices even higher in many countries in the near future, according to Håkan Ekström, president of Wood Resources International. Since 2002, global average prices for pulpwood have risen 67%[…]