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June 4, 2024

Sales in the German sawmill industry fall sharply; log prices remain stable

Softwood log prices in Germany barely changed in May, despite difficult sales conditions for both construction timber and exports. Sales in the German sawmill industry have shrunk significantly. This scenario will also determine the future development of wood prices. The German sawmill industry continues to be well stocked with softwood logs. Relatively high stock levels were also reported in May. At the same time, demand on both the domestic market and in exports is relatively subdued. Currently, spruce prices are about 10% lower than a year ago, according to data from the Federal Statistical Office. In the ...

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