Thursday, August 30, 2012

Finnish Forestry: Difficult Market Conditions

Difficult market conditions led to weaker forest industry production in Finland
Forest industry production volumes decreased or remained unchanged in a challenging operating environment during the first half of 2012. The industry's cost-competitiveness must be safeguarded in difficult economic times.
Finland produced 5.2 million tonnes of paper and paperboard in January-June 2012. Production volumes were down 10% from the previous year. Paper export volumes decreased 12% in January-May, while paperboard exports were down 8.5%. Paper and paperboard prices remained stable in comparison to the corresponding period of 2011.