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May 14, 2025

Estonian sawmills face pressure as demand cools across Europe

Timber prices in Estonia showed signs of stabilization in April after several months of decline, driven by subdued demand in key European export markets and a cautious recovery in domestic construction activity, market participants said. Softwood sawlog prices have begun to level off, with average roadside prices for pine and spruce logs hovering around €65–70 per cubic meter, according to local forest associations. Birch pulpwood prices remained under pressure, trading at €25–30/m³, amid weak demand from Nordic pulp mills and reduced Chinese interest. "The market is not good, but at least the freefall seems to ...

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