The price index for sawn timber and wood-based materials for wooden packaging and pallets in Germany declined in the second quarter.
The surveyed members of the Federal Association of Wood Packaging Materials - Pallets - Export Packaging (HPE) reported a decrease of 0.4% for solid wood for use in pallet production compared to the 1st quarter to a level of 155.9%. The decrease was 4.3% year-on-year.
The price decrease for solid wood intended for wooden packaging materials was stronger. The index fell 1.9% to 132.3% (-9.6% y / y).
For plywood for packaging, HPE members saw a price decrease of 0.9% to 144.4% compared to the first quarter.
Compared to the second quarter of 2019, the decrease was 8.4%. OSB for packaging recorded the sharpest fall with an annual price decline of 17.5% to 71.6%.