The confidence indicator for sawmills in Sweden worsened slightly in September (compared to previous month) to a balance at 101.3 (seasonally adjusted figures). The indicator is based on an average of the surveyed questions regarding order books, stock of finished goods and expected production volume.
71% of the surveyed sawmills in Sweden consider total orders on hand as "just right" in September. Only 5% consider they are "relatively large" and 23% consider they are "too small". The balance was unchanged at -25 in September from previous month. Seasonally adjusted figures.
New orders from the domestic market are considered worse in September compared to previous month. The balance is at +4. 79% of the surveyed sawmills consider new domestic orders were unchanged and 17% consider new domestic order increased and 4% consider new domestic order has decreased. Seasonally adjusted figures.
Below is the relation between the prices (red line) and the assessment of the stocks (blue line, seasonally adjusted figures). The trend line for the stocks improved further in September. The trend line for the price has increased for six consecutive months. (The stocks include figures for September and the prices include August.)
Below is the relation between the new export orders (red line) and the assessment of the stocks (blue line). The new export orders are considered worse in September compared to previous month and the balance is at -4. The stock balance increased to +29 in September. 76 of the sawmills consider the stock as "just right". 18% of the sawmills consider the stocks as "too large" and 6% consider the stocks as "too small" in September. Seasonally adjusted figures.
A clear majority of the sawmills assesses the production to be unchanged during the next three months. The balance increased marginally to +5 in September from previous month. Seasonally adjusted figures.
In terms of export prices over the next three months, the sawmills are less positive than previous month. The data in detail shows that 21% (last month: 34%) of the sawmills expect higher export prices, 66 (58) % expect unchanged export prices and 13 (8) % lower export prices.
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