European sawn timber prices held broadly stable through August, but market participants say the calm is unlikely to last, reporting “an emerging shift.” One European trader said that while Nordic mills claim stock is low, “in reality stock is high and offers are appearing in the market, pointing to a coming price decrease.” Some producers see the recent stable price situation as a partial win, helping them keep their heads above water, saying that increased costs and lack of demand have created a difficult situation. However, comments were also heard that despite producers’ need for stable prices, the quiet market is putting the pressure on, with increased competition seen especially in spot markets. Shortfalls against housebuilding targets have also become the norm across regions.