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June 6, 2022

Russia: Negative sentiment remains among timber market participants; prices on a downward trend

Russia: Negative sentiment remains among timber market participants; prices on a downward trend
On the Russian timber market, predominantly negative sentiment remains among market participants, which is reflected in weak business activity and a downward price trend. The timber market remains under serious pressure due to the continuing extremely high uncertainty about the future of sales of finished timber products from mills and factories.    Moreover, compared to the previous month, a negative situation began to be noted among large manufacturers of wood-based MDF, chipboard, OSB. Representatives of mills interviewed by GWMI report that products are sold much worse than 1-1.5 months ago. This is primarily due ...

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