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Stilll under the influence of the Covid-19 pandemic and the price pressure of the bark beetle infestation in Central Europe, the August prices of roundwood in Estonia are considerably lower over a year ago.

Pine sawlogs could be bought for EUR 65.30/m3 in August, which is a -12% decrease as compared to August of last year. Also, the price for spruce sawlogs dropped to EUR 55.31/m3, -22% less than August 2019.

The price of birch decreased by -8% compared to August 2019.

Among the pulpwood assortments, the price for pine dropped by -32%, down to EUR 23.12/m3. The price for spruce pulpwood also dropped by -30% as compared to August 2019.

Average roadside prices of sales from the Estonian state forests on country level (EUR/m³, under bark, excl. VAT) 
August 2019  July 2020 August 2020 Change in % August 2019/ August 2020
Pine 74.04 66.63 65.30 -11.80%
Spruce 71.19 54.79 55.31 -22.30%
Birch 68.64 58.60 63.17 -7.96%
Pine 33.95 24.89 23.12 -31.89%
Spruce 33.76 25.39 23.57 -30.18%
Birch 41.68 31.76 31.90 -23.46%

The post Prices of roundwood under pressure in Estonia appeared first on Timber Industry News.