Finland: Timber trade started slower than in previous years

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The volume of timber traded in January-February in Finland was 20 percent lower than in the corresponding period of the previous year.

In January-February, the member companies of the Finnish Forest Industries Federation (FFIF) bought 4.2 million cubic meters of wood from private forests, which is 20 percent less than in the corresponding period of the previous year.

‍In January-February, the purchase volume of pulpwood was 2.2 million cubic meters, which is 17 percent less than in the corresponding period last year. The volume of logs purchased was 1.8 million cubic meters, which is 23 percent less than in the previous year.

‍No major changes in log prices

According to FFIF, log prices were at the same level in February as in January. Compared to February of the previous year, prices of logs were 3–5 percent higher and the prices of softwood pulpwood were 2 percent lower than a year ago.

‍In February, an average of EUR 62 per cubic meter was paid for pine sawlogs, but the price varied between EUR 31 and EUR 66 depending on the region and felling destination. The average price of a spruce log was 66 euros per cubic meter, and the price varied between 33 and 68 euros. The average price of birch logs was 45 euros per cubic meter, and varied between 29 and 50 euros. The average price of pulpwood was EUR 17–20 per cubic meter, and the price varied between EUR 12 and EUR 22. 

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