Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Furniture / Lumber / Price analysis and info / Pulp & Paper / Sawmilling / Statistics / Wood construction / Wood flooring / Wood pellets / Wood Products / Wood-based panels / Woodworking machinery / Africa / Asia & Middle East / Australia and Pacific Region / China / Europe / Global / North America / Russia / South America
March 17, 2022
War in Ukraine and its current effects for the global timber market
Trade with Ukraine has considerably reduced following the martial law in Ukraine and the mobilization of men. For sites that still produce in western Ukraine, the problem is to transport to Europe, as Ukrainian truckers are not allowed to leave Ukraine. We cannot expect a change by the end of the war. Russian exporters are nonetheless subject to payment and transport difficulties.Banks sanctioned and excluded from SWIFT (Sberbank, VTB, Otkritie, Sovkombank, Promsvyazbank, Novikombank) represent half of the Russian banking system. Exporters are turning to other banks to solve this problem. The ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
All this for only 248 EURO/year!(approximately $ 272.51, Paypal exchange rate)
- Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Furniture / Lumber / Price analysis and info / Sawmilling / Statistics / Wood construction / Wood flooring / Wood pellets / Wood Products / Wood-based panels / Woodworking machinery / Europe / Global / Russia