Sep 14, 2011. /Lesprom Network/. The forest industry purchased 4 million cubic metres of timber from private forest owners in August. The volume of purchases was almost a fifth higher than the August average. Timber is in supply and demand remains good, as the Finnish Forest Industries Federation said in a press release received by Lesprom Network. The aggregate January-August volume of purchases was 14.8 million cubic metres, 12% less than in the corresponding period of 2010. January-August pulpwood purchases came to 8.2 million cubic metres and sawlog purchases to 6 million cubic metres. Stumpage prices fell slightly from July, with sawlog prices down 1%. The average stumpage price of pine sawlogs was Euro 57 per cubic metre, while spruce sawlogs fetched Euro 59 and birch sawlogs Euro 43 per cubic metre on average. The price of pine pulpwood remained unchanged at Euro 17 per cubic metre, while the price of birch pulpwood rose 3% to Euro 16 per cubic metre. The price of spruce pulpwood was down one percent and it fetched Euro 20 per cubic metre on average. Domestic wood is in good demand, with all timber grades, including energy wood, being sought by buyers. The operating prerequisites of the forest industry depend on the steady availability of processable timber.