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July 10, 2024

Estonian softwood log prices keep falling in June

Notably, the prices of pine logs and birch veneer logs decreased. The only price increase was observed in birch pulpwood, birch, aspen, and alder logs. In June, the prices of softwood logs declined. Pine logs dropped by about 4% and spruce logs by about 2% compared to the previous month. This trend was hinted at in May when several companies had reduced or even stopped purchasing volumes. The average price of spruce logs surpassed that of pine logs, a phenomenon last seen nearly seven years ago.

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