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Fastmarkets has had a strong interest in the proposed new assessments and would like to gather additional information on the specification and grades that should assess.
Based on the feedback, the proposed specifications have been updated as follows:
Quality: Selected Nordic (Swedish, Finnish, Norwegian) export grades of both planed and rough sawn timber spruce (whitewood) and pine (redwood). More grades and species may be added subject to market feedback.
Quantity: TBC (based on feedback)
Location: Goods combined from Sweden, Finland, Norway delivered separately to Benelux, French, German and UK markets
Timing: TBC (based on feedback)
Unit: euros or British pounds per cubic meter
Incoterm: Delivered
Payment terms: Net
Publication frequency: Monthly
The indicative list of products based on feedback:
Germany
France
Benelux
UK
The new price assessments will offer end-market-specific data for major European markets and will provide applicable references for buyers and sellers of Nordic softwood sawn timber.
The extended consultation period for this proposed launch starts from Monday July 7, 2025, and will now end on Friday, October 31, 2025. The launch will take place, subject to market feedback, in late 2025.
To provide feedback on this pricing notice or if you would like to provide price information by becoming a data submitter to the Nordic sawn timber export prices for Europe, please contact Tuomo Neuvonen by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Tuomo Neuvonen, re: Nordic sawn timber export prices for Europe.”
Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.
To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.