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August 10, 2023

Estonia: Fall in log prices continues in July

The prices of softwood logs in Estonia have fallen for the third month in a row, while in July the price drop was rather steep. During the month, pine logs became cheaper by 12.6%, pine logs by 8.4%, spruce logs by 11.4% and spruce logs by 7.2%.    In three months, prices have fallen by about a quarter, or 25%. Compared to prices a year ago, the price of pine logs, which until now remained clearly higher than spruce logs, has fallen particularly sharply. By now, the significant price difference has disappeared. Over ...

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