Finland: Remarkable shift in the timber market; prices rise sharply

The wood trade in Finland is experiencing a vibrant and dynamic season. The prices of timber have surged, signaling a remarkable shift in the market. In the month of April, nominal log prices soared between 15 and 24 percent compared to the previous year, while pulpwood prices witnessed an even more pronounced ascent, climbing by 38 to 48 percent. The evidence of this flourishing trade is seen through the activities of the member companies of the Finnish Metsäteollisuus ry, who have been fervently procuring timber from private forests. In the period spanning January to April, these companies acquired ...