Anxious autumn for Swedish sawmills

There is anxiety throughout the Swedish sawmill industry. - Where is the market heading? After a cautious optimism in the spring, where lumber prices rose somewhat, the situation has become more challenging in the market. Buyers are increasingly pressured by the ongoing poor construction industry and demand further price reductions. The situation is paradoxical as most sawmills in Sweden have seasonally low finished product inventories after a summer where most of them reduced production due to a shortage of timber. A timber shortage has caused raw material costs for sawmills to reach record levels. Rising timber prices and falling lumber ...