Polish Forests fears a see-saw in wood prices due to the strong złoty

This in turn is giving Polish Forests (LP), the country's main wood supplier, a headache as it is worrying about what impact this will have on its wood sales. This marks a major change to the situation last year when LP raised wood prices by 3%-18%, due to excessive demand. Although LP lowered its supply of wood to the market from 28.5 million cubic meters in 2004 to 27.9 million this year, the company says that it may have to cuts its prices if demand is insufficient. "Just as in during the 2000-2001 slump, our reaction will be adequate to market conditions," said Tomasz Wójcik, LP's deputy director for organization and development. Furniture producers are expecting wood prices to drop in the second half of the year. (Parkiet, p. 1) T.J.