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Dec 2019

Roundwood prices in Estonia impacted by the bark beetle infestation in Central Europe and global economic downturn

Roundwood prices in Estonia started to fall rapidly from their spring high. To be blamed is a cooling of the global economy and widespread damage to spruce trees caused by the bark beetle infestation in Central Europe... [Mais... ]

Nov 2019

Falling roundwood prices in Estonia

The year 2019 is marked by falling roundwood prices in large parts of Central, Northern and Eastern Europe. In particular, the spruce is under price pressure due to extensive bark beetle infestation, even in countries such as Estonia, which themselves have not encountered damage by the bark beetle... [Mais... ]

Oct 2017

Roundwood prices going up in Estonia

Roundwood prices in Estonia have mostly increased during August 2018, as compared both to the same period last year, but also compared with the previous month [Mais... ]

Mar 2017

Estonia: Roundwood prices in December

The price of roundwood in Estonia increased at the end of 2016 and was above last year's level in December. [Mais... ]

Aug 2016

Log prices in Estonia lower than last year

Roundwood in Estonia decreased in June 2016, as compared to the same month of 2015. Of the pulpwood assortments, the price for birch decreased the most, by -15.39%, reaching EUR 23.37/m3 [Mais... ]

Apr 2016

Estonia: Log prices in February 2016

Estonian sawlog and pulpwood have registered some mixed developments in February. Most of the Estonian sawlog prices trended below the levels of February 2015 [Mais... ]

Dec 2015

Estonia: Roundwood prices considerably lower compared to last year

On a yearly basis, nearly all roundwood assortments in Estonia have become cheaper in August 2015, with few exceptions. Pine logs were traded at 65.21/m³ (more than -5% below August 2014). Spruce logs price has decreased by [Mais... ]

Nov 2015

Central/West Africa: Log and sawnwood prices in October

In the two weeks to the end of October Central and West African FOB prices remain largely unchanged with just one or two minor adjustments reflecting the slow demand in China. While demand from European buyers is, at best, moderate it is sufficient to provide a firm base for the current price levels [Mais... ]

Oct 2015

Central/West Africa: Improving export volumes and prices in EU

African exporters find their European business has been improving in terms of both volume and price signaling a solid foundation to demand. For the past two or three years EU importers have very carefully managed stock levels of tropical timbers but as the economies in some EU member states improve there has been an increase in timber consumption for infrastructure projects, housing and renovation works which encouraged importers to expand stock levels [Mais... ]

Central/West Africa: EU markets underpinning price stability

Producers report that demand in European markets is firm and prices are stable and that this is assisting them in maintaining price levels in other markets. Demand for okoume logs and sawnwood for the Chinese market is slow and prices have not recovered. FOB prices for okan and sapele are also under pressure as demand slows but for most of the other timbers prices are stable. [Mais... ]

Sep 2015

Central/West Africa: Demand from China dries-up

There were no price changes in the second half of August and Central and West African producers report that while overall demand is holding up, what little demand there was from buyers for the Chinese market has now dried–up. In China demand for okoume logs and sawnwood has collapsed and even demand for the „redwood‟ timbers is extremely slow. [Mais... ]

Central/West Africa: Market prospects hinge on Chinese economy

Prices for the majority of West African timbers have been maintained for some time now but there are some signs of weakness in log prices. Trade with Chinese importers is still at a low level and whilst there are now some reassuring moves by the Chinese government to bring stability to the economy the impact of the current fall in demand will take time to trickle down to the timber trade. Currently, Chinese traders are trying to reduce landed stocks of log and sawnwood before [Mais... ]

Aug 2015

Central/West Africa: Log prices held up only by reduced availability

While West African markets for sawnwood have shown some life, the log market continues to be dull with no sign of any major resurgence in demand from China. What little business can be generated with China revolves around a few select species. There is still no interest from Chinese buyers for okoume logs [Mais... ]

Roundwood price going downwards in Estonia

Sawlog prices have become cheaper in June both as compared to the previous month as well as compared to last year [Mais... ]

Central/West Africa: Slow demand from China dominates market sentiment

Okume demand and hence prices continue to be very depressed in contrast to prices and demand for sapele and sipo which remain firm. Padauk is also in demand and prices have improved slightly. [Mais... ]

Jul 2015

Central/West Africa: Minor price changes but focus is on change in China

A few minor price movements were reported in the first week of July but most log and sawnwood prices remain unchanged because of only moderate demand in the main markets. Of major concern to West African exporters was the rapid collapse of stock values in China and the impact this could have on domestic consumption. A large volume of equities in China are in the hands of small investors many of whom have borrowed heavily to buy stocks. Coming on top of the recent weakening in property prices in China it is expected that this latest shock will undermine Chinese consumer confidence and that spending will decline [Mais... ]

Jun 2015

Mills in West Africa lowering production to match slow demand

Log and sawnwood prices are unchanged in from those reported at the end of May as demand in western international markets is very slow. Sawmills in the region are reported to be either cutting back on production or temporarily ceasing operations in an effort to match output with current levels of demand [Mais... ]