Irrespective of What Will Probably Be a 10% Lower Output of Softwood Lumber This Year

Irrespective of what will probably be a 10% lower output of softwood lumber this year, forest owners in Austria were still registering consistently heavy demand for softwood sawlogs at the end of October. The majority of the sawmills are fully receptive at the moment and are still looking for additional volumes of logs. From what converters in the sawmilling industry are saying, however, the supply of spruce/fir logs is still not living up to the expectations. In some regions the present supply is not even sufficient to satisfy the local sawmilling industry’s reduced demand. The imbalance in supply and demand led to another slight increase in softwood log prices in October. Source: euwid-wood-products