Germany: Spruce log price index falling on average

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Fordaq
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Alternativtext In July 2022, the German producer price indices for spruce partially deviated from the upward trend of the previous months. On average, the index for log wood fell slightly by 0.5% to 103.3 points. B qualities recorded an increase of 1.1% to 107.2 points, to which 3 m lengths contributed 1.1% to 108.6 points. 4/5 m lengths increased by 1.7% to a level of 107.9 points.

C ranges fell by 1.4% to 95 points. 3 m lengths recorded a minus of 0.2% to 100.9 points. 4/5 m lengths fell by 0.5% to 98.6 points. B/C ranges recorded a minus of 2.5% to 101.9 points

Alternativtext Spruce pulpwood fell in July by 1.7% to a value of 94.5 points. Pine pulpwood recorded a minus of 2.2% to 93.1 points. Douglas fir pulpwood maintained the level of 70 points. The softwood pulpwood index fell by 1.8% to 92 points.

Year-on-year the spruce index increased by 25.8%. B grades recorded an increase of 23.9%, with 3 m lengths contributing 23% and 4/5 m lengths 22.2%. C grades gained an average of 28.6%, with 3m lengths up 27.9% and 4/5m lengths up 26.4%. B/C ranges increased by 27.7%. And the index for spruce pulpwood was 71.5% higher than in the same month last year.

You get to the table with these and other calculations here.

Data source: Destatis: producer price indices for the products of logging from the state forests

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