Austria: Softwood log prices mostly stable in September

Austria's industry and construction sector remain in recession. Private consumption has also weakened and, despite last year’s wage increases and declining inflation, remains at a low level. Current economic indicators do not suggest any imminent improvement. The Austrian sawmill industry is fundamentally capable of absorbing spruce lumber. Currently, supply and demand are balanced, partly because forest owners are focusing on processing calamity wood. Regional demand has increased, although this is not yet reflected in prices. Prices remain stable, with the leading grade spruce A/C 2b+ priced nationwide between 87 and 105 euros. Demand for larch is ...