The Volume of Logs Provided Was 18% Lower Than Last Year

In the first round of internet auctions for the second half-year 2012, the Polish national forestry office has raised the supply of logs for returning buyers by 20% against the same period of last year to 9.166m m³. Log sales increased 19% to 8.766m m³. The sales rate correspondingly amounted to 95.6%. In the first round of auctions, which was held in May, the only companies permitted to take part were those that had already bought logs last year. The increase in supply for returning buyers was the forest office’s response to the wood industry’s calls for such action. In the second round, which was concluded on 25 June and was open to all companies, the volume of logs provided was 18% lower than last year at 5.305m m³. Source: euwid-wood-products