Estonia: Roundwood price changes in March uneven

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IHB/RS
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In March 2015, roundwood prices in Estonia have registered some disparate developments compared to last year. Large sawlog prices (pine, spruce and birch) show a slight downward trend. For small diameter sawlog(under 18 cm diameter) a price increase of more than 2 percent for pine was registered and a -8 percent decrease for spruce.

Among pulpwood assortments (pine and spruce) a price crash of 23 percent can be noticed in comparison to last year's same month. On contrast, birch pulpwood price inched up slightly.

Average Prices in State-Owned Forests Free Alongside Forest Road
EUR / cbm without VAT
March 2014 February 2015 March 2015 Change 
  March 2014 
to 2015
Pine 68.51 66.75 67.22 -1.88%
Pine d<18cm 55.85 56.85 57.00 +2.05%
Spruce 67.42 64.11 63.86 -5.28%
Spruce  d<18cm 53.15 49.95 48.78 -8.22%
Birch veneer 102.73 103.44 101.07 -1.62%
Birch 57.91 59.73 57.35 -0.96%
Pine (pulpwood) 31.90 24.38 24.42 -23.51%
Spruce (pulpwood) 30.30 24.17 23.29 -23.13%
Birch (pulpwood) 26.62 27.80 28.12 +5.63%
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