Austria: Spruce sawlogs prices stabilized in March

Austria: Spruce sawlogs prices stabilized in March
Economic development in Austria is currently restrained. The main reason for this is the weak construction sector. Construction companies' expectations for the coming months have continued to deteriorate. The Austrian sawmill industry is mostly well stocked with spruce sawlogs. Demand continues to be good with increasing stocks of lumber. The prices have stabilized and are between 109 and 125 euros per cubic meter for the leading range of spruce A/C 2b+. The delivery is regionally restricted due to the weather. Restrictions caused by the thaw and a lack of freight capacity lead to smaller forest camps in the ...

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