Wood prices falling across Europe; steepest in Scandinavia

In Scandinavia, wood prices in Sweden and Finland fell faster than the global average price the past year as a result of reduced operating rates for pulp mills in those two countries according to Wood Resource Quarterly. Pulpwood prices fell substantially in practically all markets in Europe in the 1Q/09. The biggest declines occurred in Sweden, Finland, France and Germany, where softwood and hardwood prices were down 11-18% from the previous quarter.

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