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August 16, 2022

Estonia: Softwood log prices start to fall from absolute records

The large-scale war started by Russia in Ukraine and the creation of an energy crisis in Europe as a hybrid war have also confused the timber market and led to considerable volatility and uncertainty in prices. Abnormally high softwood log prices in Estonia peaked in April, persisted in May and began to decline in June. The prices of the remaining assortments have continued to grow quite rapidly. The prices of pulpwood and firewood are incredibly high.  According to the price statistics of the Private Forestry Center, the second quarter of 2022 brought a drop in the price ...

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