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Product category: Building Regulations and Accreditation
News Release from: Forestry Commission | Subject: Timber price indices
Edited by the Buildingtalk Editorial Team on 29 May 2006

Timber price indices published

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Forestry Commission published the latest figures for the Standing Sales Price Index and the Softwood Sawlog Price Index for Great Britain.

The Forestry Commission today 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 sale 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 may show different price movements from year to year.

The main findings are that:.

* the Coniferous Standing Sales Price Index for Great Britain was 13.6% higher in real terms in the year to March 2006, compared with the previous year.

* the average price per cubic metre overbark standing was £7.25 in nominal terms (£5.80 in 1996 prices) in the year to March 2006.

* the Softwood Sawlog Price Index was 6% lower in real terms in the six months to March 2006, compared with the corresponding period the previous year.

The First Release "Timber Price Indices" is available on the Forestry Commission website.

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