Extension of the consultation period for the launch of Nordic Sawn Timber export prices for Europe

After assessing market feedback, Fastmarkets is extending the consultation period for its proposal to launch Nordic sawn timber export prices for selected European markets and grades.

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 

  • Spruce – Sawfalling 44-50×150 mm 
  • Spruce – Sawfalling 63×150 mm 
  • Spruce – Sawfalling 50×100 mm 

France 

  • Spruce – Sawfalling 44-50×150 mm 
  • Spruce – Sawfalling 63×150 mm 
  • Spruce – Sawfalling 50×100 mm 

Benelux 

  • Spruce – Sawfalling 47×150 mm 
  • Spruce – Sawfalling 50×100 mm 
  • Spruce – Planed Construction Timber 50×75 mm 

UK

  • Spruce – Sawfalling 44-50×150 mm 
  • Spruce – Sawfalling 50×100 mm 
  • Pine – US: 50×150mm/V: 38×150mm/V:25×100/VI:25×125 

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

What to read next
Fastmarkets is launching two price assessments for palm oil mill effluent (POME) for loading out of ports in Malaysia in Indonesia, to meet growing interest from biofuel producers and consumers in Europe and other parts of Asia. The first publication of these two price assessments will be on Thursday December 4 and will be published […]
Fastmarkets proposes to amend the methodology for assessing sustainable aviation fuel (SAF) base cost of production in the US, effective January 5, 2026.
Fastmarkets wishes to clarify the conversion factor for Singapore Exchange (SGX) iron ore derivative forward curves data used to assess its low-grade and high-grade iron ore indices.
Southern Yellow Pine (SYP) is moving to the beat of its own drum. While lumber markets have historically moved in tandem, recent data shows SYP prices are decoupling from other species like Spruce-Pine-Fir (SPF). In a post-pandemic market, the correlation between SYP and SPF has plummeted from over 80% to nearly zero. This fundamental shift underscores the growing need for a dedicated hedging tool for the world's fastest-growing lumber market.
Following consultations and expressions of support from a broad range of market participants, Fastmarkets has decided to launch new price assessments of northern bleached softwood kraft (NBSK) and bleached eucalyptus kraft (BEK) pulp spot prices for Europe, starting in January 2026.
Fastmarkets will include EU Carbon Border Adjustment Mechanism (CBAM) costs in its secondary aluminium billet premium, ddp Europe (MB-AL-0383) and its primary aluminium 6063 extrusion billet premium, in-whs dp Rotterdam (MB-AL-0002) assessments from January 1, 2026, when the definitive period of the EU’s CBAM is set to begin. The inclusion of CBAM costs with MB-AL-0383 and MB-AL-0002 will enable […]