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November 6, 2019

Finland: Export prices for pine and spruce sawnwood expected to fall this year

This year and next year, export prices for Finnish lumber will fall, driven by China. The price difference between spruce and pine lumber is widening, as the export price of pine will fall by 3-4% this year, but spruce sawn timber by 2-3%. The operating result of the wood products industry is weakening from the previous year, but is supported by the good price level of by-products.   Lumber production in Finland grew slightly last year. Domestic consumption grew, but as the exports declined, sawnwood stocks in Finnish sawmills increased sharply. This year will see ...

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