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June 13, 2022
Lithuania plans timber export ban as sanctions cause raw material shortage
Due to the export of Lithuanian timber, the local industry is experiencing an increasing shortage and price of raw materials. The deficit of Lithuanian wood raw materials is also increased by the sanctions imposed on the import of Belarusian timber, but the Lithuanian Ministry of Environment states that specific actions are planned to prevent the export of timber. According to Valdas Kaubre, Director General of the Lithuanian State Forest Enterprise (SFE), there are several main reasons for the increase in the price of wood raw material on the market. "Demand is influenced ...
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