In view of the further growth in prices for sawn softwood, OSB, and plywood recently, the wood price indices established by the German federation of wooden packaging, pallets, and export packaging (HPE) on a monthly basis in cooperation with the university of Bonn, showed further growth for June. At 352.2 points, the “Solid wood for pallets” index was 20.7% higher than in May; an increase of 125.9% was recorded against the same month of last year. The “Solid wood for packaging” index rose by 26.1% and 110.6% to 278.6 points. With regard to wood-based panels, the “Plywood for packaging index was 16.7% and 103.8% up at 233.1 points. Like the previous months, by far the highest rate of growth was identified for the “OSB for packaging” index. This 52.1% higher than in May at 218.0 points, which is 200.3% higher than a year earlier. In view of the contracts already concluded for July deliveries, a further increase is anticipated in the wood price indices for July.
Continued growth registered in HPE indices in June
Related articles
© 2021 EUWID Europäischer Wirtschaftsdienst GmbH | All Rights Reserved.
Copyright notice The individual articles, tables and other contents published by EUWID are protected by copyright and are provided exclusively for the client's own use and the use of the client's employees. In the absence of a more extensive licence agreement, only one copy may be printed for circulation at a single business location designated by the client. Digital distribution of EUWID contents, especially by intranet or by e-mail, within a company, throughout a group of companies, or outside a company is not permitted and constitutes an infringement of copyright law. Read more in our FAQ.