Log prices in Europe show no sign of softening

European log markets remain firm in early 2026, even as sawmills continue to deal with weak lumber demand and squeezed margins. The pattern is clear: raw material costs are still high, while finished product markets have not recovered enough to absorb them. In Finland, prices remain elevated with no real correction. Spruce logs averaged €84.82/m³, pine €82.71/m³ and birch €67.33/m³. Recent signals suggest prices have held steady into early 2026, with no meaningful easing. Austria is trading at a higher level. Spruce/fir logs are at €118–136/m³, mostly €125–135 ...