Select Page

In the first quarter, the prices of softwood logs in Estonia continued to grow. The biggest increase was in the price of spruce logs.

The average price of spruce sawlogs increased from the average level of 72.2 € / m3 in the fourth quarter by 6.8% in the first quarter, reaching an average price of 79.3 € / m3. The prices of hardwood logs have fallen somewhat during the quarter.

There have been only small fluctuations in pulpwood prices during the quarter. The price of spruce pulpwood alone changed by more than a euro in three months, falling by about 4% by the end of the quarter.

The price of firewood fell to its lowest level in the last 43 months during the quarter, at an average price of 23.55 € /m3 by the end of the quarter.

The average prices at the end of the first quarter of 2021 are shown in the table below:

Average Prices in State-Owned Forests Free Alongside Forest Road
Prices in EUR/cubic meters in VAT
Pine sawlogs 88.4
Pine sawlogs d<18cm 81.0
Spruce sawlogs 79.3
Spruce sawlogs d<18cm 74.9
Birch veneer logs 113.7
Birch sawlogs 70.7
Aspen sawlogs 45.7
Pine pulpwood 34.6
Spruce pulpwood 32.6
Birch pulpwood 42.1
Aspen pulpwood 32.2
Fuelwood 23.6

The post Estonian spruce log prices on the rise appeared first on Timber Industry News.