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2024 June timber market price overview
In the first half of 2024, Latvia's timber market has experienced several significant trends and changes in wood prices, reflecting both seasonal and economic factors. Summer is the construction season, typically influencing the prices of softwood sawlogs, which tend to rise during this period. The recent decrease in interest rates after a significant pause also potentially signals a positive increase in softwood sawlog prices.
Read the whole article2024-06-13 -
Softwood felling site auctions indicate a price increase
The price of softwood pulpwood has risen to 74 to 75 euros per cubic meter. This increase has significantly impacted the cost of softwood tare logs, which have now reached 77 to 78 euros per cubic meter. This trend illustrates a usual correlation between the prices of pulpwood and tare logs. Positive trends can also be observed in the softwood sawlog market. The softwood sawlog price has reached 85 EUR/m3 on average, but in some places even 96 EUR/m3, as well as the demand for conifer logs has risen.
Read the whole article2024-04-30 -
The increase in the price of pulpwood at the beginning of 2024
No particularly important price fluctuations have been observed so far. Softwood pulpwood prices have increased from 58 euros per cubic meter at the beginning of the year to 70 euros per cubic meter today. Birch pulpwood prices have increased from 55 euros per cubic meter at the beginning of the year to 59 euros per cubic meter today.
Read the whole article2024-03-08 -
The fall in wood prices in 2023
The year is coming to an end, and the last few years have passed behind us, which were more turbulent than each other both in the world as a whole, and also in the forest industry, in the prices of logs. This period has been full of challenges and changes, where economic and geopolitical events have affected not only global markets, but also the dynamics of our local forest industry.
Read the whole article2023-12-27 -
Sawlog prices in the decline due to construction
The decline in construction volume has significantly reduced the need for construction materials in the Baltic Sea region, and as a result, the demand for various types of wood industry products has experienced a decline. Prices continued to fall in all market segments in Latvia's wood market in June.
Read the whole article2023-07-21
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