Baltic shippers see grounds to reduce prices due to surplus in supply of softwood lumber

Demand was largely stable at last year’s level until the end of June

Owing to the persisting surplus in the supply of softwood lumber, Baltic shippers find themselves left with no option on the Baltic domestic markets but to cut prices by €10-15/m³ for volumes under new contracts for deliveries until the end of September. The prices are an average of €15/m³ lower than last year. ...

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