Estonia: Higher Birch Prices After Russian Forest Fires

  • November 09, 2010
  • • Source: RMK/IHB
  • • Views: 1288
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Log prices in Estonia were stable at the level of the previous summer months in September. In Birch logs for veneer, there was a significant price amplitude. A bottleneck in supply after the forest fires in Russia might be responsible for that effect.

Averaged Log Prices in State-owned Forest
Free Alongside Forest Road
EEK (EUR) / m³ without VAT (1EUR = 15,65 EEK)
 Sept. '09 Aug.'10 Sept. '10 Change
Sept. '09
to '10
Pine
681 (44)
900 (58) 896 (57)
31.57%
Pine d<18cm
578 (37)
772 (49) 773 (49)
33.74%
Spruce
648 (41)
842 (54) 846 (54)
30.56%
Spruce  d<18cm
552 (35)
751 (48) 756 (48)
36.96%
Birch for veneer
1496 (96)
1441 (92) 1642 (105)
9.76%
Birch
524 (33)
718 (46) 717 (46)
36,83%
Poplar 383 (24)
443 (28) 450 (29)
17.49%
Pine Pulpwood 263 (17)
413 (26) 391 (25)
48.67%
Spruce Pulpwood 278 (18)
403 (26) 395 (25)
42.09%
Birch Pulpwood 277 (18)
566 (36) 578 (37)
108.66%
Poplar Pulpwood
198 (13)
232 (15) 206 (13)
4.04%


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