Roundwood prices in Estonia further decreasing

September 03, 2019
Source:
RMK/Fordaq
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479
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Estonia log prices July 2019In Estonia prices for logs and pulpwood kept on falling in July. Only pine- and hardwood-log prices were increasing against June.

Apart from pine all softwood log prices have decreased against the month before, especially spruce which decreased by 8%. The bark beetle crisis has obviouEstonia pulpwood prices July 2019sly reached the Baltics. Against July 2018 all softwood log assortments have decreased. Spruce notes here also clearly below pine. Pine assortments are only slightly below last year’s levels, whereas pine is 6-9% below.

Concerning pulpwood now also pine process crashed after spruce prices did last month. In July pine pulpwood has lost 11% against June. Both pine and spruce are now almost 30% below last year’s levels. Hardwood pulpwood has lost as well in July but prices keep slightly above levels of July 2018.

  Jul'18 €/m3 Jun'19 €/m3 Jul'19 €/m3 Diff.% Jul 18 - Jul 19 Diff.% Jun - Jul 19
Pine 75.21 73.84 75.00 -0.28% 1.57%
Pine d<18cm 61.92 64.26 61.40 -0.84% -4.45%
Spruce 77.75 76.54 70.20 -9.71% -8.28%
Spruce d<18cm 63.12 60.13 59.28 -6.08% -1.41%
Birch Veneer 107.91 106.10 105.36 -2.36% -0.70%
Birch 65.98 66.52 66.79 1.23% 0.41%
Aspen 41.66 41.15 41.63 -0.07% 1.17%
Pine pulpwood 50.13 41.11 36.45 -27.29% -11.34%
Spruce pulpwood 49.99 35.84 35.76 -28.47% -0.22%
Birch pulpwood 41.96 42.72 42.35 0.93% -0.87%
Aspen pulpwood 21.12 23.26 22.07 4.50% -5.12%
fuelwood 20.00 25.38 24.25 21.25% -4.45%