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Roundwood prices in Russia have dropped sharply in February 2020, indicating some first coronavirus impact on the timber market. At an average of 2,419 RUB/m3 (31.60 EUR/m3) in February 2020, softwood sawlogs in Northwestern Russia have decreased by -5.87% as compared to February 2019 and are slightly lower as compared to January 2020.

Hardwood sawlog prices in Russia have crashed in February 2020 as compared to the previous month by -66%. Moreover, hardwood sawlogs prices are -10% lower as compared to February 2019.

In the pulpwood section, prices show some mixed developments: softwood pulpwood prices are lower in February 2020 by about -18.69% over both January 2020 and February 2019. However, hardwood pulpwood prices picked up in February 2020 by +15.27% as compared to January.

Monthly producer prices in Northwestern Russia, RUB/m³, under bark, excl. VAT.

Feb-19 Jan-20 Feb-20 Change in % Jan-20/Feb-20 Change in % Feb-19/Feb-20
Softwood sawlogs 2,570 RUB 2,443 RUB 2,419 RUB -0.98% -5.87%
Hardwood sawlogs 2,516 RUB 1,257 RUB 1,383 RUB -10.02% -66.60%
Softwood pulpwood 1,701 RUB 1,701 RUB 1,383 RUB -18.69% -18.69%
Hardwood pulpwood 1,238 RUB 910 RUB 1,049 RUB -15.26% +15.27%

Prices converted in EUR

Feb-19 Jan-20 Feb-20
Softwood sawlogs 31,60 30,04 29,75
Hardwood sawlogs 30,94 15,46 17,01
Softwood pulpwood 20,92 20,92 17,01
Hardwood pulpwood 15,22 15,22 12,90

The post Russia: Prices of roundwood fall sharply in February 2020 appeared first on Timber Industry News.