Second quarter of 2016 sees more timber cut in the Norway

In the second quarter of 2016, a total of 2.9 million cubic metres of timber were cut for sale in Norway, an increase of 8% compared with the corresponding quarter of 2015. In the same period, the average timber price decreased by 5%, Statistics Norway reported.

The aggregated gross value of roundwood sold to the manufacturing industry was NOK 937 million ($113.8 million) in the 2Q 2016; an increase of NOK 24 million ($2.9 million) compared with the 2Q 2015.
On average, forest owners obtained NOK 321 ($39) per cubic metre of timber, a decrease of NOK 18 ($2.2).
Source: Lesprom Network