Estonia: Log Prices Continue Moving Upward in June

  • July 17, 2010
  • • Source: RMK / IHB
  • • Views: 892
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Log prices in Estonia have continued their upward trend in June. Compared with May 2010 a slight price increase of € 1-2 per m³ was noted. Overall log prices were up between 13 and 80% from a year earlier.

Average Prices in state-owned forests,
free alongside forest road,
EEK (EUR) / m³ without VAT (1EUR = 15,65 EEK)
 Jun. '09 May '10 Jun. '10 Annual Percentage Change
June
Pine
601 (38)
838 (54) 866 (55)
44.09%
Pine d<18cm
408 (26)
736 (47) 754 (48)
84.80%
Spruce
608 (39)
800 (51) 826 (53)
35.86%
Spruce  d<18cm
395 (25)
715 (46) 732 (47)
85.32%
Birch for veneer
-
1621 (104) 1192 (76)
-
Birch
543 (35)
662 (42) 666 (43)
22.65%
Poplar 362 (23)
412 (26) 409 (26)
12.98%
Pine pulpwood 269 (17)
364 (23) 389 (25)
44.61%
Spruce pulpwood 272 (17)
397 (25) 364 (23)
33.82%
Birch pulpwood 255 (16)
447 (29) 472 (30)
85.10%
Poplar pulpwood
198 (13)
248 (16) 246 (16)
24.24%

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