Sawn timber up, logs down

Article by Martina Nöstler (translated by Eva Guzely) | 12.07.2018 - 08:45
15HK_sawn timber log price index 05 2018.jpg

© Holzkurier

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%.