austria

Sawn timber up, log wood down

Article by Martina Nöstler (translated by Eva Guzely) | 07.07.2020 - 09:12

While the sawn timber price index saw a month-on-month rise in May, the log price index fell.

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The Austrian Timber Industry Association reports that the log price index was at 99.46% in May (January 2001 = 100%). Compared to April, it fell by 0.42 percentage points and thus for the third consecutive month. In February, the log price index was at 108.84%. Year on year, it saw a 9.15 point decrease.

The sawn timber price index, on the other hand, has been increasing constantly since December 2019. According to the Timber Industry Association, it reached 118.56% in the month of May. Thus, a slight increase of 0.48 points was recorded compared to April, but a 5.62 point decrease compared to May 2019.

In our Datacube, you can find details on the development of the sawn timber and log price indices since January 2001.

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