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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Sawmilling / Wood Products / Wood-based panels
March 4, 2022

Wood likely to become scarce due to situation in Ukraine and EU sanctions

Wood likely to become scarce due to situation in Ukraine and EU sanctions
Last week, the EU announced sanctions restricting trade with Russia and Belarus. The trade in wood is also covered by these sanctions.    The Packaging and Pallet Industry Association (EPV) issued a statement on Monday in response to the conflict in Ukraine. They see an imminent shortage of wood due to the developments. The statement can be read below:    "Russia's incursion into Ukraine is worrying the world. Serious political-military instability of this magnitude seemed unthinkable in Europe. Yet this is now the reality.    The Netherlands imports an ...

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