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July 19, 2022

Estonia: Softwood lumber market prices down by 20%

  The market price of softwood lumber in Estonia has fallen by up to 20 percent, with companies' considerable stock and falling demand considered the main reason.     Timber sellers have been buying material based on the last few years' demand in recent months. However, high construction prices have seen several public and private sector projects postponed, which has impacted demand for softwood lumber.  Everyone was trying to get their hands on as much material as possible in the second quarter, in March, in light of the Ukraine war and fears of losing ...

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