Disappointed expectations, sales promotions until July

Even though there have been some positive signs since June, beech sawmills are still not seeing a real improvement in sales. Both delivery volumes and order intake remain below the long-term average. Expectations for a recovery in China, the opening of the Strait of Hormuz, and an end to price concessions did not materialize in July. At least inquiries for deliveries after the summer holidays have recently increased significantly. Some sawmills are therefore somewhat more optimistic about business in the autumn.