Forest2Market has introduced a National Delivered Price Benchmark as the latest addition to its Forest2Mill product line, a suite of services designed for buyers and sellers of logs and wood raw materials. The new report expands upon the transaction-based delivered price benchmarks offered in the US South, Pacific Northwest and Lake States regions.
Pete Stewart, Forest2Market’s founder, President and CEO, noted the report has particular value to forest products industry participants that compete in an expanding global economy. “Forest products companies sell their products on a national and global scale, yet facilities must buy the wood raw materials needed to produce these goods from the local market. The National Delivered Price Benchmark provides a regional-comparative of market trends and price data that industry participants can use to remain competitive in a ‘buy local, sell global’ marketplace.”
The National Benchmark compares the differences in wood raw material costs – pulpwood, chips and sawtimber – across the three existing benchmark regions. Delivered fiber and log prices and trends are benchmarked for softwood and hardwood total fiber, both by region and mill type. The benchmark also reports data on domestic sawlogs by region and species and compares the export and domestic markets for Doug fir and Hem fir.
Suzanne Hearn, Vice President of Marketing and Sales, explained the national benchmark helps companies develop forward-looking pricing strategies and better assess their performance against the broader market. “Wood raw materials are some of the most volatile operating costs facilities face. The National Benchmark provides insight into these variable costs, helping wood products manufacturers level the playing field between local, national and global markets.”
