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March 29, 2021
China: Imports of softwood and hardwood wood products to be significantly altered starting 2022
China is the world’s largest importer of softwood and hardwood logs, and for many decades, Russia has been a significant log supplier for them. This relationship may change in 2022 if Russia implements their proposed ban on exports of softwood logs and valuable hardwood logs, while also introducing export taxes on green lumber. All these policy changes are designed to encourage increased domestic production of higher-valued forest products. The Russian parliament has not yet announced the final legislative proclamation, so it is not clear if there will be a complete ...
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