Feb 15, 2016. /Lesprom Network/. Södra is reducing its price for pine logs by SEK 25 ($3) per cubic metre solid volume underbark (m³sub). The reduction is an adjustment to lower market prices for finished goods, as the company said in the press release received by Lesprom Network.

"The pine market remains under pressure. Intense competition in key pine markets in the Middle East and North Africa, mainly from Russia, has led to lower prices for finished goods from sawn pine timber. At the same time, we have a strong flow of pine logs. Due to this trend, we are now lowering our price for pine logs," says Håkan Larsson, President of the Södra Skog business area.

The price adjustment will be effective from 15 February 2016.