Romanian recent auctions reveal higher prices for standing timber

Romanian recent auctions reveal higher prices for standing timber
    In January, a new round of auctions for standing timber was held by the Romanian Forestry Agency (Romsilva), after the disappointing first auction held in December, where the national bidding ratio was 46%. The auctions are organized for Romsilva's -Romania's main forest land owner- planned harvest for 2019.     At the first auction held in December, the buyers accused the too high starting prices at the auction - with an increase from 182 lei / m3 (38.37 Euro) at the auction organized for 2018, up to 190 lei / m3 (38.37 Euro ...

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