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November 10, 2022
Latvia: Wood prices have reached a temporary low, no further falls expected
Latvian wood processing company SIA "Kronus" predicts for the fourth quarter of 2022 that wood prices have reached a temporary lowest point, significant price drops in the prices of raw materials are not expected in the future, therefore it is not recommended to postpone the necessary purchases until a later time, the company informs. The company notes that although the prices of raw materials started to decrease already at the beginning of the summer and continued to decrease in August, a further decrease in the prices of final products is not expected, as the high energy ...
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