Global price of Soft Logs
PLOGOREUSDM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
222.22
Year-over-Year Change
12.46%
Date Range
1/1/1990 - 6/1/2025
Summary
The Global Price of Soft Logs index measures the monthly average price of softwood logs traded internationally. This benchmark provides insight into global supply and demand for a key forestry commodity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Global Price of Soft Logs index tracks the U.S. dollar price of softwood logs, which are a critical raw material for the timber, paper, and wood products industries. This index serves as an important indicator of conditions in global forestry markets.
Methodology
The data is collected by the World Bank from various international sources and published as a monthly series.
Historical Context
Policymakers and industry analysts use this index to assess trends in global forestry trade and production.
Key Facts
- Softwood logs are a major global export commodity.
- Prices reflect supply and demand for construction, paper, and other wood products.
- The index is published monthly by the World Bank.
FAQs
Q: What does this economic trend measure?
A: The Global Price of Soft Logs index measures the monthly average U.S. dollar price of softwood logs traded internationally.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into global supply and demand conditions for a key forestry commodity, which is important for policymakers and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from various international sources and published as a monthly series.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this index to assess trends in global forestry trade and production.
Q: Are there update delays or limitations?
A: The index is published monthly with a short lag, providing timely insights into global softwood log prices.
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Citation
U.S. Federal Reserve, Global Price of Soft Logs (PLOGOREUSDM), retrieved from FRED.