Market Trend | February 7, 2022 Implications of Russia’s Proposed Log Export Ban on Global Markets in 2022 In 2020 Russia exported around 15 million cubic meters of logs which accounted for 12% of the Roundwood that is globally traded. Russia’s President Vladimir Putin, however, has proposed a new log export ban that will stop the exportation of hardwood logs of high-value and softwood logs from 1st January 2022. Read more Related Tags softwood lumber log exports log prices
Wood Price | November 22, 2021 How Does the US Market Affect European Lumber Prices US home building has grown, especially since the COVID-19 pandemic in 2020, at a balanced pace, and the lumber producers have slowly risen to reach the demand received from the constructors. However, the gap in the supply chain exposed during peak pandemic time is on the verge to become an issue for the longer term that keeps pressure on the US lumber prices. The lumber shipments from Canada to the United States (an extremely vital chunk of the supply to the US) were hit by around 20% in 2020 April. Read more Related Tags us lumber prices swedish sawmills european log exporters log prices