Timber Exchange Trade Overview September of 2021
- 99 auctions were announced by the SFE in September, offering a total of 43.4 thousand m3 of timber products. This is a relatively large amount of timber, with the second highest activity since the beginning of the year. It should however be noted that a large part of the supply comprised of felling residues. Auctions were organized by 25 SFE units.
- The timber SPOT index recorded a drop of over 4% in the price of timber. Since a similar decline was recorded in July which was followed by a recovery, it is too early to say that market trends have changed their direction.
- A record index value of 61.61 was recorded in August, which is 80% more than a year ago.
- The most significant price changes were recorded in the assortment of Class D sawn logs, which dropped by 10% (up to 90 EUR/m3). Since Class D sawn logs were among the assortments whose prices have increased the most, it is normal that the changes are most evident here. The drop in the price of this assortment had a significant impact on the decrease of the index.
- The price of felling residues has also increased by 130%. The prices of raw materials were also affected by the forming price bubble in the biomass market. Such prices were recorded only once in August 2018, when a similar situation has formed in the biomass market.