No reason to expect that skyrocketing timber prices in Latvia will return to pre-pandemic levels

No reason to expect that skyrocketing timber prices in Latvia will return to pre-pandemic levels
    In the Latvian timber industry, the sharp rise in prices was caused by an unpredictably high level of private consumption combined with a rapid recovery in construction.     Kristaps Klauss, Executive Director of the Latvian Wood Industry Federation (LKF), explains price changes and forecasts about the future situation in an interview.    A year ago, the Latvian timber industry was in a difficult situation. What has changed now?    Let's just say that everything has changed during the year. In May last year, markets began to ...

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