In Germany, softwood pulplog prices have experienced a dramatic decline the past year because of an oversupply of low-grade logs from harvests of insect and storm damaged forests.
Softwood pulpwood prices fell in the key markets of Europe in the fall of 2019. This price decline contributed to a two-year low of the Softwood Fiber Price Index (SFPI) in the 3Q/19. With the hardwood fiber price movements having been mixed the past year, the Hardwood Fiber Price Index (HFPI) has not change much y-o-y.
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