Trade Resources Industry Views Finnish Forest Industry Purchased 25% Less Wood From Finland's Forests in 2011

Finnish Forest Industry Purchased 25% Less Wood From Finland's Forests in 2011

Tags: market view, wood

The Finnish forest industry purchased 25% less wood from Finland’s forests in 2011. The Finnish Forest Industries Federation (FFIF) member companies purchased 25.3 million m³ of wood from Finnish private-owned forests in 2011. Procurement volumes by all purchasers was 34 million m³. FFIF cautioned that summer storms in 2010 potentially skewed the figures, boosting the purchase volumes in that year. It said the late arrival of frost in the autumn shortened the winter harvesting period by one or two months, while the storms that “ravaged” forests in Finland after Christmas were too late to have any effect on timber sales volumes in December. purchase volumes were down 26% at 10.3 million m³, with softwood sawlog stumpage prices up 3%, and birch sawlogs up 8%. On average, pine sawlogs fetched 3 per m³, spruce sawlogs 4 and birch sawlogs 1 in December. Three-quarters of all sawlogs came from regeneration felling. Source: ttjonline.com

Source: http://www.ttjonline.com/story.asp?sectioncode=17&storycode=69279&c=2
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Finnish wood procurement falls 25% in 2011
Topics: Construction