We have passed the summer months and the market has continued to slow down. We have seen rises in FCs timber price indices published earlier in the year, with the coniferous standing sales price index for Great Britain being 41.9% higher in real termsin the year to March 2008, compared with the previous year, and the softwood sawlog price index being 13.6% higher in real terms in the six months to March 2008, compared with the corresponding period of the previous year. The reality of the market-place for standing timber is that, with reducing demand, there has been some falling back of prices, but demand remains reasonably healthy.
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