Roundwood trade in Finland continued at a slow pace in February. The trade of industrial roundwood diminished 23% from the year before and was 18% smaller than the average for the previous five years

Logs

Finnish roundwood trade continues at slow pace in February

Roundwood trade in Finland continued at a slow pace in February. The trade of industrial roundwood diminished 23% from the year before and was 18% smaller than the average for the previous five years, as Natural Resources Institute Finland (Luke) reported.

In January–February, the trade decreased 21% year-on-year and was 23% smaller than during the previous five years. Compared to the previous five years, the trade in logs diminished by 19% and the trade in pulpwood by 27%.

Spruce logs fetched an average of Euro 65.5 per m3 in standing sales in February. In real terms, this was the same than in January. The average price of pine logs increased one per cent to Euro 61.6. The real price level of logs was 3% lower than during the whole previous year in standing sales.

The standing sale price was Euro 19.7 per m3 for spruce pulpwood, Euro 17.7 for pine pulpwood and 17.4 for birch pulpwood. Prices of pulpwood remained at the level of January. The real price level of pulpwood was 6% lower than in the whole previous year.

Delivery sales are typically dominated by pulpwood and in February pulpwood assortments accounted for two thirds of the total roundwood trade by delivery sales. The mean roadside price for pine pulpwood was Euro 32.2, for spruce pulpwood Euro 34.7 and for birch pulpwood Euro 33 per m3. The average price of spruce rose 4% from the previous month as prices of pine and birch remained almost unchanged.