Upturn expected next year in Finland’s softwood lumber market

In Finland, the forest industry is currently grappling with several challenges, including a rise in production and a shortage of raw wood, which are tempering the decline in log prices. Despite a recent downturn, there is some hope for a slight recovery in demand, as indicated by the economic review from Luke, a Finnish research institute. Although the softwood lumber market remains sluggish, there are prospects of an upturn in the crucial European export markets by the latter part of the upcoming year, according to Luke's forecast. However, the anticipated growth in Finnish lumber production and exports is ...