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The main keyword of the third quarter of the year in Estonia is very high prices for both softwood and hardwood log assortments. During the quarter, new price records were set in almost all assortments....
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As businesses in importing countries adapt to working with the coronavirus risk trade has started to revive and some FOB price movements have been reported...
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Roundwood prices in Estonia started to fall rapidly from their spring high. To be blamed is a cooling of the global economy and widespread damage to spruce trees caused by the bark beetle infestation in Central Europe...
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The year 2019 is marked by falling roundwood prices in large parts of Central, Northern and Eastern Europe. In particular, the spruce is under price pressure due to extensive bark beetle infestation, even in countries such as Estonia, which themselves have not encountered damage by the bark beetle...
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Roundwood prices in Estonia have mostly increased during August 2018, as compared both to the same period last year, but also compared with the previous month
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Only a few price adjustments have been reported, mostly prices remain firm and unchanged. Exporters report continued good demand from China and other major markets and expect the current market stability to be maintained through to the third quarter of the year
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Central/West African producers report that all European markets are quiet and any purchases are only for replacement of stocks and tend to be for only the faster moving timbers. The weak demand in Europe has resulted in some price weakness for species which are most susceptible to even small shifts in demand.
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Overall, producers report no significant change in the market situation as demand remains moderate. Prices of sapelli and sipo, as of mid-October, were weak but despite this there is still no interest from buyers in Europe or China
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Roundwood in Estonia decreased in June 2016, as compared to the same month of 2015. Of the pulpwood assortments, the price for birch decreased the most, by -15.39%, reaching EUR 23.37/m3
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The slight weakness in prices for sipo and sapele was reigned in over the past two weeks and there is no news of further price movements either up or down. On all producer’s minds is what effect the turmoil after the UK referendum will have on exports
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Log prices were unchanged throughout May in Central/West Africa and show no signs of movement even though there are reports of some modest increases in demand. Over the past few months analysts note a developing trend towards demand for better quality wood products with both buyers and consumers, through their own choice, being prepared to pay a fair price for a good product rather than pursuing the lowest price
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There were no price movements for either logs or sawnwood over the past two weeks in Central/West Africa as international demand remains steady with no moves by either buyers or exporters to disrupt this long period of stability. Since growth in demand remains moderate Central/West African producers say they are not experiencing supply side problems
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Estonian sawlog and pulpwood have registered some mixed developments in February. Most of the Estonian sawlog prices trended below the levels of February 2015
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Producers in West and Central Africa report that international demand is generally dull but, for the small volumes traded, prices are still holding at late 2015 levels. Having said that, small volumes of okoume veneer logs have changed hands at prices previously seen for peeler logs. Producers also report some business in belli and okan log exports but volumes are small
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For the first time this year minor sawnwood price movements have been reported in Central/West Africa, otherwise most markets are quiet and prices remain unchanged
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At year end it is of interest to review the way business has developed over the past 12 months in Central/West Africa. In 2015 the big loser in terms of FOB price has been okoume where log prices have fallen around euro 140 per cu.m since the start of this year.
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West Africa log and sawnwood prices remained unchanged through late December and into the first half of January. Producers in the region expect little, if any, change in price structures during the first quarter of the year
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On a yearly basis, nearly all roundwood assortments in Estonia have become cheaper in August 2015, with few exceptions. Pine logs were traded at 65.21/m³ (more than -5% below August 2014). Spruce logs price has decreased by
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Except for a few low volume ‘spot’ sales, buyers for China remain out of the market and there is no indication as to when major log buyers for this market will reurn. In response to the weak demand, West and Central African exporters have maintained solidarity by holding firm on prices and at the same time are trimming back production volumes
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