Since the beginning of the year, things have been looking a bit brighter for Swedish sawmills that have been able to deliver goods, significantly reduce their inventories, and implement some cautious price increases. Production and shipment continued smoothly until April when the market situation started to cool down again. Now, all actors in the Swedish timber industry are signaling a more subdued demand and further demands for price reductions. It is likely the second wave of price pressure that we are seeing now.