Extraordinary price increase on timber and other goods

Moelven increases prices, like other suppliers of timber to Norway and exports.

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The timber market is under pressure

– The Scandinavian timber market is under pressure and demand for all assortments in the forest is generally high, especially from international customers, says the price warning.

Although felling in Norway has picked up somewhat, the export of sawn timber continues to increase.

– In sum, these conditions mean that the timber market is out of balance, and timber prices continue to rise to new record high levels, explains Moelven. The strained raw material situation means that timber stocks for the sawmill industry in Scandinavia are critically low, and the production of lumber is falling overall.

– This, combined with good activity on many markets, has resulted in bulk cargo prices continuing to rise and increasing sharply into the second quarter of 2024, says the producer.

Price increases of up to 9 percent

With the current market situation, Moelven must now announce the following extraordinary price increase on 1 June 2024: White construction timber (spruce), Cu-impregnated (pine) and other products will increase in price by up to nine percent from 1 June.

For other price lists, it is notified unspecified and Moelven will return to any level within the deadlines set by NOBB.

The price changes will be implemented in the form of changed NOBB prices, and the final price adjustment will be entered into NOBB on 20 April 2024. Reservations are made for price and/or discount corrections on product groups and individual products beyond the notified levels. New price lists will be distributed during May 2024.