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February 15, 2021
Russia’s log export ban could determine China to buy more lumber instead of roundwood
Russia’s proposed log export ban in 2022 will have a far-reaching impact on global forest product markets. Russia exported 15 million m3 of logs in 2020, which accounted for almost 12% of globally traded roundwood. Much of this trade may come to a halt next year when a new law proposed by Russia’s president will ban the exportation of softwood logs and high-value hardwood logs as of January 1, 2022. The Russian government is also considering new regulations aimed at reducing the exportation of green softwood lumber. This regulation is ...
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