Italy is experiencing a year of extremes with two completely different half years. The packaging industry never stood still completely because it was considered as “essential”. Nonetheless, sawn... Read more ...
In May, the sawn timber price index rose to 132.83%, cracking the all-time high of 131.5% reached in August 2013. (Note: Records began in 2001.) Compared to April, the index gained 3.1 percentage points. In May 2017, the sawn timber price index was at 126.4%. The lowest level, i.e. 95.6%, was reached in April 2009.
According to data compiled by the association, the log price index was at 125.93% in May. Compared to the previous month, it declined by 1.69 percentage points. With 130.85% the index was also higher in May 2017. The log price index rose to its highest level in February 2014 (143.6%) and fell to its lowest level in September 2003 (88.6%). The latest “all-time low”, i.e. below the 120%-mark, was reached in October 2017 when the index was at 116.87%.