Södra, citing strong demand for forest raw materials from family forestry, announced on Tuesday (10-9-23) that it was raising the price for spruce and pine timber effective immediately.
Södra says the price increase means that they are expected to meet the demand for raw materials during late autumn and winter, which may be impacted by challenges with bearing capacity in the forest.
Commenting on the announcement, Peter Karlsson, President of the Södra Skog business area, said, “We see that there is continued good demand for forest raw materials both in the short and long term, which is positive for the forest farm’s profitability. At the same time, we operate in a time when the commodity market contains many uncertainties. This requires continued flexibility and adaptability along the way.”
The following price adjustments went into effect on October 9th:
- For normal spruce and pine timber, the basic price is increased by SEK 30/m³fub.
- For fuel wood, the basic price is increased by SEK 20/m³fub.
The market premium for pulpwood continues to apply until December 31st.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.