The forestry group cites higher logistics and input costs, a stronger krona and uneven pricing between wood supply and finished products, while pointing to small pulp-price gains late in the quarter.
Kereste
Price for lumber exported from Thailand to China decreased slightly 0.6%.
Index rises 2% over the past month from $513, with no change from the previous week.
Price for lumber exported from Belarus to China slid 3%.
Price for softwood lumber imported to China rose 1.5%.
Price for lumber exported from New Zealand lost 15%.
Price for lumber exported from Russia to Kazakhstan fell marginally 0.5%.
Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.
Price for lumber exported from Latvia upped 5%.
Price for lumber exported from the EU to United Arab Emirates slipped 1.3%.
Price for lumber exported from the EU to MENA grew 9%.
Price for lumber exported from Finland to Algeria grew 9%.
Price for lumber exported from Finland upped 5%.
Price for lumber exported from Sweden increased 6%.
Imports of lumber to the UK lost 13%.
Price for lumber imported to Kazakhstan lost 7%.
Consolidated sales fall 2% to $108.7 million as cold winter and elevated interest rates weigh on construction activity.
February sales declined 0.8%.
Exports of lumber from Norway rose 1.9%.