Timber trade in Finland has been slow in January-May 2022. at the beginning of the year. The Finnish forest industry has purchased more than 12 million cubic meters of wood, which is a third less than in the corresponding period last year. In May, the decline accelerated: purchases remained at three million cubic meters, down 45 percent from last year.
However, prices were rising. Average stock prices of softwood logs rose by three percent in May from April. In May, an average of EUR 70.4 per cubic meter was paid for spruce logs and EUR 65.8 per cubic meter for pine logs.
Average pulpwood prices also rose. The average purchase price of spruce pulpwood was EUR 21.3, of pine pulpwood EUR 18.9 and of birch pulpwood EUR 18.5 per cubic meter. The price of pine wood rose by two percent from April, and that of spruce and birch by three percent.
The timber trade in January – May was 32 percent lower than a year ago and 29 percent lower than the average of the previous five years. Compared to the previous five years, the trade in logs fell by 28 per cent and the trade in pulpwood by 30 per cent.
The post Finland: Timber trade falls sharply in May, log prices on the rise appeared first on Global Wood Markets Info.
