Since rolling out the SilvaStat360 interactive digital platform in 2017, Forest2Market has continued to develop a series of innovative and analytical solutions for participants in the global forest value chain. Source: Forest2Market
Its newest interactive visualization includes a Virtual Mill tool for consumers of both wood fibre (pulpwood and chips) and logs (sawtimber).
Understanding the intricacies that underpin a hypothetical mill’s location and delivered wood price, as well as its position, advantages, and disadvantages versus the market is imperative for the mill’s success and profitability, and it helps shape decision-making for the future.
For subscribers to Forest2Market’s Delivered Price Benchmark Service, the new Virtual Mill tool provides a full-spectrum view of the criteria that will impact the performance of a theoretical new facility, and it incorporates current delivered prices based on the highest-quality transactional data in the forest products industry.
In a case study, Forest2Market used Virtual Mill to study a 75-mile procurement zone radius around a hypothetical sawmill in which they analyzed the types of competitors and other wood consuming facilities that exist in the basin, as well as delivered prices for pine sawtimber.
They also utilized some of the other tools available in SilvaStat360 to look at available timber supply and average precipitation in the procurement zone, as well as macroeconomic drivers that impact finished lumber prices.
The White Paper is available for download here:
