Latvia opens 2026 with defensive pricing as softwood lumber market searches for direction

Softwood lumber prices in Latvia entered 2026 under a cautious market tone, with exporters largely focused on preserving year-end price levels amid persistent resistance from European buyers. Trading activity at the start of the year reflected a defensive stance, as negotiations centred on maintaining existing benchmarks rather than pushing for upward adjustments. Spruce continued to outperform pine, underlining its firmer position in construction-related demand. Export prices for C24 structural spruce, supplied kiln-dried and planed, were generally reported at €300–340/m³ FOB Baltic ports. Standard spruce construction lumber, delivered either green or kiln-dried in common ...

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