Strong Demand and Tight Supply Have Driven Wood Fiber Costs for Pulp Manufacturers Higher in 2022

Prices for pulplogs and wood chips increased QoQ in early 2022 in all 19 regions worldwide as tracked by the Wood Resource Quarterly (WRQ). This universal increase is a highly unusual occurrence that has only happened a few times since the WRQ started tracking global wood fiber prices in 1988. Prices rose for softwood and hardwood fiber, with the most significant increases occurring in Germany, US Northwest, Chile, Australia, Western Canada, and Austria (nominally descending order).