Norway: Log prices continued to decay in February

The downhill trend in log prices in Norway continued in February with a reduction of 4% to NOK 384/m³ (February 2011: NOK431/m³) for spruce logs and 2% in pine to NOK398/m³ (NOK457/m³). As a result, the log prices are meanwhile well below those of last year; spruce was 11% down in February, and pine 13%. According ...

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