Estonia: Roundwood prices on the rise in October

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Fordaq
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Roundwood prices in Estonia increased again in October 2018, similar to the rapid rise in prices which started at the end of 2017 and lasted until the beginning of 2018.

The price trend for pine sawlogs has once again gone up, after several months of decrease. However, the spruce price is still above the pine. Conversely, in the small-diameter segment, the price of pine is above the price of spruce. Overall, the previous price trend in 2018 is stable. Compared to the previous year, prices have risen by 11% to over 12%.

In hardwood, the birch, especially birch sawlogs, the price noticeably increased. For aspen, the rise is only minimal.

For the pulpwood assortments, all prices have risen since September, with the spruce showing the strongest growth with

 

just over 4%, followed by the birch with 3.4% and the pine with 2.2%. The price spectrum is led by the pine with over 49 € / m3, followed by spruce and birch. The price increases compared to the previous year are up to a maximum of 80%. The prices seem to settle at this level after the end of the rapid increase in spring. The price of aspen pulpwood only increased by 1.2% from September to October and, at + 6.6%, is also comparatively slightly above the previous year's level.

 

  Oct'17 € / m3 Sep'18 €/m3 Oct'18 € / m3 Change% Oct 17 to Oct 18 Change% Sep to Oct 18
Pine 67.97 73.84 75.64 11.28% 2.44%
Spruce d<18cm 55.84 61.75 62.65 12.20% 1.46%
Spruce 68.54 76.90 76.93 12.24% 0.04%
Spruce d <18cm 54.18 60.84 60.94 12.48% 0.16%
Birch veneer 113.41 117.72 119.34 5.23% 1.38%
Birch 60.92 65.98 68.41 12.29% 3.68%
Aspen 33.87 42.76 42.92 26.72% 0.37%
Pine pulpwood 28.18 48.30 49.36 75.16% 2.19%
Spruce pulpwood 26.90 46.50 48.41 79.96% 4.11%
Birch pulpwood 26.26 41.68 43.09 64.09% 3.38%
Aspen pulpwood 20.02 21.09 21.34 6.59% 1.19%
Energy wood 20.75 20.96 21.95 5.78% 4.72%
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