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May 9, 2022

Japan’s lumber industry under pressure due to ban on Russian wood

Japan’s lumber industry under pressure due to ban on Russian wood
The global lumber industry has been through a tumultuous period over the past year or so due to wood shortages that have in turn led to skyrocketing lumber prices.    The Russia-Ukraine war has now posed a fresh challenge to the industry, as the world economy will likely have to make do without Russia, a major exporter of wood products, for some time.    In March, Russia halted the export of three wood items — wood chips, logs and veneer sheets — to Japan after it was added to Moscow’s list of “unfriendly” countries ...

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