Estonia: Positive development for roundwood prices in January

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Fordaq
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Roundwood prices in Estonia rose further in January 2019 from an already high level reported throughout 2018. Pine and spruce sawlog price varies by between 78 and 79 EUR per cubic meter, a rise of around 2% as compared to a year ago.

At the turn of the year, small-sized softwood roundwood made a veritable price jump. Small-sized pine and spruce cost around 66-69 EUR/m3 and thus increased by 10% and 6% as compared to December 2018. The increase is of 8-10% as compared to the same month of 2018.

In hardwood assortments there are some mixed developments. The price of aspen sawlogs increased slightly, how ever the price of birch has decreased slightly. Howerer, when compared to last year, prices are on an upward trend: +8% and +18%, over January 2018.

The price of pine and spruce pulpwood are almost at the same level, after pine pulpwood has fallen by 6% since November, and the price of spruce increased by 9% after a slight price dip. 

  Jan'18 € / m3 Dec'18 € / m3 Jan'19 € / m3 Change% Jan 18 to Jan 19 Change% Dec 18 to Jan 19
Pine logs 77,16 77,27 78,86 2,20% 2,06%
Spruce d<18cm 62,43 61,08 67,24 7,70% 10,09%
Birch veneer 109,56 124,04 110,42 0,78% -10,98%
Birch 64,84 72,17 69,86 7,74% -3,20%
Aspen 36,45 42,27 42,92 17,75% 1,54%
Pine pulpwood 30,78 49,77 48,19 56,56% -3,17%
Spruce pulpwood 29,60 44,26 48,24 62,97% 8,99%
Birch pulpwood 28,74 43,70 46,24 60,89% 5,81%
Aspen pulpwood 22,69 20,72 22,21 -2,12% 7,19%
Energy wood 20,41 23,04 25,52 25,04% 10,76%
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