Spruce
-
Södra announces pine and spruce timber price hikes; expects strong demand this spring
Södra raises the prices of spruce and pine timber purchased by members by SEK 30 per solid cubic meter (EUR 2.70). According to Södra, timber prices are now at historically high levels and reflect the market’s strong demand. Södra indicated that there is still strong demand on the timber market and the need for timber is anticipated to be high in the forest industry during the spring. As a result, Södra is maintaining a high rate of felling during winter and spring to meet that need. According to the press release, the following price adjustments apply from January 19, 2023: Standard timber of spruce and pine is increased by SEK 30/m³fub (EUR 2.70). The premium for hardwood fuelwood is included in the basic price. The basic price will be SEK 330/m³ cubic feet (EUR 30) for beech and oak and SEK 300/m³ cubic feet (EUR 27) for fuel wood from other hardwood... Continue reading
-
January 24, 2023
Södra announces pine and spruce timber price hikes; expects strong demand this spring
Södra raises the prices of spruce and pine timber purchased by members by SEK 30 per solid cubic meter (EUR 2.70). According to Södra, timber prices are now at historically high levels and reflect the market’s strong demand. Södra indicated that there is still strong demand on the timber market and the need for timber is anticipated to be high in the forest industry during the spring. As a result, Södra is maintaining a high rate of felling during winter and spring to meet that need. According to the press release, the following price adjustments apply from January 19, 2023: Standard timber of spruce and pine is increased by SEK 30/m³fub (EUR 2.70). The premium for hardwood fuelwood is included in the basic price. The basic price will be SEK 330/m³ cubic feet (EUR 30) for beech and oak and SEK 300/m³ cubic feet (EUR 27) for fuel wood from other hardwood... Continue reading
-
China: Considerable rise in European spruce log inventories
Softwood log inventories at China’s main ocean ports totaled 3.72 million m3 on October 29th, 2022, a slight decline of 2% (-70,000 m3) from late September, as follows: Radiata pine log inventory volumes from New Zealand and South America amounted to 2.82 million m3, a decline of 2% from a month earlier and comprising nearly 76% of overall log inventories. North American Douglas-fir and hemlock log volumes totalled 400,000 m3, remaining unchanged from the previous month and accounting for 11% of overall log inventories. European spruce logs totalled 254,000 m3, a growth of 27% from a month earlier and comprising 7% of log inventories (versus 5% in late September). Softwood log inventories from other countries (including Japanese Sugi, European red pine logs, etc) amounted to 247,000 m3 (-19%). In October, inventory levels continued the downward trend with a slight decline of... Continue reading
-
December 4, 2019
Bark beetle infestation and storm damaged timber in Europe rapidly changing global trade flows
Up to the end of October, European log exports to China imports were a whopping 5.6 million m3. The pace of exports has been more than one million m3 per month in September and October and is now more than North America’s log exports to China this year. Current C&F China log prices for European spruce logs have been steadily dropping as the volume increased – they are now down to about €95–96/m³ (US$105/m³) from €117 per/m3 (US$130/m3) in 2019Q2. The rapid expansion of the spruce bark beetle in combination with windstorms in Europe has grown to a massive scale in just a few short years, and the net impact is a huge timber salvage program with far-reaching implications in global markets.... Continue reading
-
November 19, 2020
Russia: Rising roundwood price trend reversed in September 2020
After a sharp recovery in the summer months from the Covid-19 negative impact, roundwood prices in Russia have started to trend again downwards in September. At an average price of 2,445 RUB/m3 (29.21 EUR/m3) in September 2020, the softwood sawlogs price in Russia has fallen by 7% as compared to the same month last year, and is also slightly lower as compared to August 2020. ... Continue reading
-
November 21, 2022
China: Considerable rise in European spruce log inventories
Softwood log inventories at China’s main ocean ports totaled 3.72 million m3 on October 29th, 2022, a slight decline of 2% (-70,000 m3) from late September, as follows: Radiata pine log inventory volumes from New Zealand and South America amounted to 2.82 million m3, a decline of 2% from a month earlier and comprising nearly 76% of overall log inventories. North American Douglas-fir and hemlock log volumes totalled 400,000 m3, remaining unchanged from the previous month and accounting for 11% of overall log inventories. European spruce logs totalled 254,000 m3, a growth of 27% from a month earlier and comprising 7% of log inventories (versus 5% in late September). Softwood log inventories from other countries (including Japanese Sugi, European red pine logs, etc) amounted to 247,000 m3 (-19%). In October, inventory levels continued the downward trend with a slight decline of... Continue reading
-
March 1, 2021
Container crisis to limit European spruce log supply to China in the next months
Softwood log inventory in China has increased as expected over the Chinese New Year period to 4.5 million m3. The percentage of spruce within the total softwood inventory levels has increased. Log demand in China is strong due to a busy construction season, while supply has been constrained. Since December there has been a 15% increase in CFR sale prices for logs in China with increases in ocean freight costs of up to 40% in this same time.... Continue reading
-
December 4, 2019
Bark beetle infestation and storm damaged timber in Europe rapidly changing global trade flows
Up to the end of October, European log exports to China imports were a whopping 5.6 million m3. The pace of exports has been more than one million m3 per month in September and October and is now more than North America’s log exports to China this year. Current C&F China log prices for European spruce logs have been steadily dropping as the volume increased – they are now down to about €95–96/m³ (US$105/m³) from €117 per/m3 (US$130/m3) in 2019Q2. The rapid expansion of the spruce bark beetle in combination with windstorms in Europe has grown to a massive scale in just a few short years, and the net impact is a huge timber salvage program with far-reaching implications in global markets.... Continue reading
-
November 21, 2022
China: Considerable rise in European spruce log inventories
Softwood log inventories at China’s main ocean ports totaled 3.72 million m3 on October 29th, 2022, a slight decline of 2% (-70,000 m3) from late September, as follows: Radiata pine log inventory volumes from New Zealand and South America amounted to 2.82 million m3, a decline of 2% from a month earlier and comprising nearly 76% of overall log inventories. North American Douglas-fir and hemlock log volumes totalled 400,000 m3, remaining unchanged from the previous month and accounting for 11% of overall log inventories. European spruce logs totalled 254,000 m3, a growth of 27% from a month earlier and comprising 7% of log inventories (versus 5% in late September). Softwood log inventories from other countries (including Japanese Sugi, European red pine logs, etc) amounted to 247,000 m3 (-19%). In October, inventory levels continued the downward trend with a slight decline of... Continue reading
-
January 24, 2023
Södra announces pine and spruce timber price hikes; expects strong demand this spring
Södra raises the prices of spruce and pine timber purchased by members by SEK 30 per solid cubic meter (EUR 2.70). According to Södra, timber prices are now at historically high levels and reflect the market’s strong demand. Södra indicated that there is still strong demand on the timber market and the need for timber is anticipated to be high in the forest industry during the spring. As a result, Södra is maintaining a high rate of felling during winter and spring to meet that need. According to the press release, the following price adjustments apply from January 19, 2023: Standard timber of spruce and pine is increased by SEK 30/m³fub (EUR 2.70). The premium for hardwood fuelwood is included in the basic price. The basic price will be SEK 330/m³ cubic feet (EUR 30) for beech and oak and SEK 300/m³ cubic feet (EUR 27) for fuel wood from other hardwood... Continue reading