Estonia: Softwood prices rise, market uncertainty for timber companies persists

In the third quarter of 2024, Estonia's timber market saw a mixed performance across different wood categories. Prices for softwood logs, as well as hardwood species like birch, alder, and grey alder, saw an increase. Notably, prices for pine, spruce, and birch pulpwood also rose during this period. However, prices for birch veneer logs, birch sawlogs, and hardwood firewood experienced a decline. Compared to the previous year’s September, the only notable price drop was in birch sawlogs and firewood. On the other hand, prices for pulpwood, birch logs, and softwood logs saw significant increases, with the strongest rise ...