Finland to gear up timber sales information
In the future forest owners in Finland can avail of price information, which is broken down in more detail according to region as well as felling type, with separate info on first thinning, other thinning and regeneration felling prices. Price data on small logs will also be reported separately. This will provide a more detailed picture about the prices of timber grades, which are suitable for different uses, according to the Finnish Forest Industries Federation.More detailed price information will improve the transparency of the timber market and ease the decision-making of both buyers and sellers, the Federation writes in a press release.Releasing price information based on the average stumpage price of all standing sales has become outdated. The publication of approximate information has fuelled uncertainty in the markets and does not help to strengthen confidence in the functionality of the timber market, according to the Forest Industries Federation.The timber price information published in Finland is unique globally. No other country compiles weekly statistics of timber prices.