SCANDINAVIAN forest-owner association Södra  is adjusting the prices of spruce logs and pulpwood in response to market conditions.

The company said in a statement: "Spruce log supplies are high in both Sweden and the rest of Europe. The global economy is showing continued signs of a slowdown, which is affecting the finished goods market, and market prices for spruce logs are declining in general. The cyclical slowdown is reducing demand for market pulp, with an adverse impact on price formation. Due to high supply and declining demand, the market price of softwood pulpwood is falling. The market price of fuel wood is also decreasing."

Olof Hansson, president of the Södra Skog business area commented: "The timber price adjustments are due to both high supply and external factors, which are having a negative impact on demand and creating market uncertainty."

The following price adjustments came into effect on 9 September 2019:

  • SEK 30/m³sub for spruce logs
  • SEK 20/m³sub for softwood pulpwood
  • SEK 20/m³sub for fuel wood