STOCKHOLM — The forest industry in the US South has attracted increased interest and investment over the past few years. This relatively newfound attention is a result of the region’s competitive advantage over many countries worldwide. The benefits come primarily from the region’s surplus of timber supply, efficient infrastructure, and low wood costs. …Softwood fiber costs for pulpmills in the US South are currently the third-lowest in the world, behind only Latin Americaand Russia. Sawmills pay less for logs than most regions of North America and Europe. Log costs in the South are not only low, but they have also been relatively stable for a long time. …The average sawlog price for the US South ranged between $61-66/m3 in nominal terms since 2007, a narrow price spread. During the same period, the Global Sawlog Price Index (GSPI), representing 22 regions worldwide, has fluctuated between $71/m3 and $87/m3.