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MARKET Beats                                           5


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          Austrian Wood Industry                                In addition to occasional shortages of freight capacity,

          Faces Challenges                                   roadblocks, quotas, and supply restrictions are also causing
                                                             delays in transport. However, the resulting stockpiles in the
                                                             forests should be cleared in the coming weeks.
          Demand for softwood logs is declining                 Prices are mostly stable, though in some cases
          According to LK Austria, the Austrian economy remains weak,   they are coming under slight pressure. For pine,

          as both the industrial and construction sectors are suffering   due  to  rising  temperatures,  timely  removal  is
          from sluggish foreign demand, declining investment, and rising   essential to avoid quality losses. Larch continues
          energy prices. The war in Iran is further dampening sentiment.  to  be  in  brisk demand with  stable  prices.
                                                                A price-driven focus on softwood harvesting reduced
          Stocks of coniferous sawlogs are ample             the supply of hardwoods in the waning season. Buyers are
          The Austrian sawmill industry has ample stocks of coniferous   correspondingly receptive. Demand for oak and ash remains
          sawlogs. While demand in northern Austria can still be described   brisk. Other hardwoods are in targeted demand for high-
          as normal, it has already weakened in the south and west.   quality grades.


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