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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global / Russia
March 1, 2022

Russian exporters face struggles in supplying lumber to Europe due to sanctions

Russian exporters face struggles in supplying lumber to Europe due to sanctions
Russian companies are suspending lumber supplies to European countries in search of new currencies for transactions and expect complications due to possible counter sanctions from the Russian government.    “So far, export deliveries of our company have been suspended,” says Alexander Konyukhov, Deputy General Director for Production at SevLesPil. - The main reason for this is that it is not clear how transactions in the currency will be carried out. If foreign buyers are ready to switch to other types of currencies - yuan, rupees, ruble, Iranian rial - we will be ready to supply them with products. If not ...

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