Baltic sawmills intend to take advantage of brisk business and shortfalls in supply to raise prices by €5/m3, but some shippers have talked about a premium of €10/m3, EUWID said.
Demand is at unusally high levels due to a good backlog of orders from a construction season extended by good weather while output is at maximum. Cuts in sawmill capacity in Sweden and good demand from the UK is also driving the market.
"Suppliers are saying the mark-ups are due to a good backlog of orders from European, North African and Asian buyers reaching into the fourth quarter," said EUWID. "Some companies’ entire output planned until the end of the year is already under contract."
