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March 1, 2021

Russian log export ban set to deal heavy blow to Chinese timber mills

Russian log export ban set to deal heavy blow to Chinese timber mills
Russia has made more than one proposal to ban the export of logs, but for various reasons, it has never been implemented. Although this proposal, or even the current increase of 60% of tariffs, could be a heavy blow to the Russian timber industry, the implementation of this measure seems to take shape in 2022.  It is not only the local Russian timber companies that have been hit by the log export tariffs, but also a large number of Chinese timber mill companies. Over the years, a large number of Chinese businessmen from Northeast China, Shandong, and Singapore ...

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