The Latvian wood market in April and May was still dictated by the state of emergency declared at the beginning of April to fight the bark beetle. In accordance with the established restrictions of the emergency situation, spruce felling will be strictly limited until the end of June, which means that not only the volume of Latvian wood on the market is shrinking, but also the forest development industry is stagnating.
Latvian wood market impacted by the bark beetle, limited supply and falling prices
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