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June 23, 2020

Austria: Massive price drops for logs due to bark beetle infestation and coronavirus crisis

Austria: Massive price drops for logs due to bark beetle infestation and coronavirus crisis
The log market in Austria is currently impacted by the bark beetle infestation and the coronavirus crisis in June.     The sawmill industry in Austria is gradually reducing the production cuts determined by the coronavirus crisis. Nevertheless, the demand for local spruce sawn timber remains subdued.    Massive price reductions    In the damaged areas of Upper and Lower Austria, however, increased removal of the logs provided has reduced the forest camps and temporarily ensured phytosanitary relaxation. However, there were sometimes massive price reductions. The price level for the main spruce ...

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