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September 12, 2017
Sweden: Wood prices reach record year; investors seek for returns
Swedish forests prices reach record year as all-time low interest rates are driving investors to look returns for alternative assets and as owners use low borrowing costs to expand their holdings. Thus, the negative interest rates are making some Swedish forest owners very happy, as the prices rose to 419 kronor per cubic meter in the first half of 2017, from 398 kronor last year, according to Bloomberg Markets, following data from the Federation of Swedish Farmers’ advisory business LRF Konsult. Prices are now on par with ...
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