Finland: Record surge in timber trade, log prices on the rise

Finland: Record surge in timber trade, log prices on the rise
May 2023 witnessed an unprecedented surge in the volume of timber trade in Finland, reaching the highest level ever recorded for that month. Throughout the early part of the year, an astounding 26% more timber was purchased compared to the average of the previous five years. The remarkable growth in trade was accompanied by a significant increase in timber prices across all assortments. Average prices for pulpwood soared to a historic high, with standing sales reaching approximately Euro 27-30 per m3 and delivery sales reaching Euro 46-47 per m3. This surge in prices reflects a substantial increase ...

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