Timber sales develop disappointingly

Press releases |

 

The aggregate procurement volume for January-June 2008 is 10.4 million cubic metres, less than half of the amount achieved in the corresponding period of 2007.

The industry is in need of pulpwood in particular. The forest industry’s January-June pine pulpwood purchases came to 70% and birch pulpwood purchases to 79% of the volumes achieved in the corresponding period of 2007. Spruce pulpwood purchases were down by more than half.

 Birch log purchases came to almost half of the amount achieved in January-June 2007, but purchases of pine and spruce logs were down by more than two thirds.

Sales volumes sluggish despite good wood price levels 

Stumpage prices increased somewhat in June. The stumpage price of pine logs rose by 2% to an average of €59 per cubic metre. The price of spruce logs increased by 1% and the average price is now at €60 per cubic metre. The price of birch logs decreased by one percent from May to €50 per cubic metre.

Pine and birch pulpwood stumpage prices increased by 1-3% and were at €16-17 per cubic metre on average. The stumpage price of spruce pulpwood remained unchanged at €24 per cubic metre.

Compared to 2006, the last normal year for timber sales, prices have increased considerably. Softwood logs are 23–27%, birch logs 17%, pine and birch pulpwood 31–36% and spruce pulpwood 8% dearer than in June 2006.

One half of roundwood sales are purchases for delivery

The market situation for delivery sales, i.e. timber harvested by forest owners themselves, has been good throughout the first half of the year and the share of these sales of all transactions has increased. Over one third of all procurements were purchases for delivery in January-June, when they accounted for only 15% of all sales in the corresponding period of 2007.  

Roundwood purchase volumes from private forests
Stumpage prices

Further information:

Anu Islander,
Senior Adviser (Forestry), Finnish Forest Industries Federation,
tel. +358 (0)9 132 6678,
+358 (0)40 729 3678