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April 24, 2020

Russia: Prices of roundwood fall sharply in February 2020

  Roundwood prices in Russia have dropped sharply in February 2020, indicating some first coronavirus impact on the timber market. At an average of 2,419 RUB/m3 (31.60 EUR/m3) in February 2020, softwood sawlogs in Northwestern Russia have decreased by -5.87% as compared to February 2019 and are slightly lower as compared to January 2020.  Hardwood sawlog prices in Russia have crashed in February 2020 as compared to the previous month by -66%. Moreover, hardwood sawlogs prices are -10% lower as compared to February 2019.  In the pulpwood section, prices show ...

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