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June 13, 2024

Sawlog prices on the rise in Latvia

Positive trends can also be observed in the softwood sawlog market in Latvia. The price of softwood sawlogs is rising and on average has reached 85 EUR/m3 in February-April 2024, but in some places even 96 EUR/m3. As well the demand for softwood logs has increased, which is related to the decrease in lending interest rates. Thus this could signal the restart of construction and the potential risk of a lack of wood on the market, which is related with the decision of the Constitutional Court to cancel the previously adopted amendments on the cutting of ...

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