Great Britain: Timber price indices published

The Forestry Commission has published the latest figures for the Standing Sales Price Index and the Softwood Sawlog Price Index for Great Britain. The Standing Sales Price Index measures the average price received per cubic metre of standing sales timber from Forestry Commission sales. The Index is expressed in real terms (1996 prices) and is adjusted for timber size mix.

The Softwood Sawlog Price Index measures the average price received per cubic metre of sawlogs from Forestry Commission sales. The Index is expressed in real terms (1996 prices).

Sawlogs and standing timber are distinct markets, and can show different price movements. The data are averages for historic periods, so they might be slow to show any turning points.

The main findings

• The Coniferous Standing Sales Price Index for Great Britain was 11.0% higher in real terms in the year March 2007, compared with the previous year;
• The average price per cubic metre overbark standing was £7.97 in nominal terms (£6.17 in 1996 prices) in the year to March 2007;
• The Softwood Sawlog Price Index was 10.2% higher in real terms in the six months to March 2007, compared with the corresponding period the previous year.

Further Information

• The First Release “Timber Price Indices” is available here (PDF-document).
• Monthly average prices from sales of sawlogs and standing timber for Great Britain are published by the Forestry Commission. The latest figures can be accessed via the page Preis-Indizes on www.nachwachsende-rohstoffe.info.

Contact
Economics & Statistics
Forestry Commission
Jenna Coul
l231 Corstorphine Road
UK-Edinburgh, EH12 7AT
phone: 0044 13 13 14 61 77
e-mail: statistics@forestry.gsi.gov.uk

Source

Forestry Commission, press release, 2007-05-17.

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