Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Russian log and lumber exports increased substantially in 1Q/11 thanks
to higher wood demand in China, Finland and Japan, reports the Wood
Resource Quarterly...
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Russian log and lumber exports increased substantially in 1Q/11 thanks
to higher wood demand in China, Finland and Japan, reports the Wood
Resource Quarterly
The world’s largest log exporter, Russia, increased the shipments of logs in the 1Q/11
after having declined for four years, reports the Wood Resource Quarterly.
Russian
exports of softwood lumber have also gone up substantially, especially to China,
Uzbekistan, Japan and Egypt.
Seattle, USA.
Russia has for many years been, by far, the largest exporter of logs in the
world.
When the country announced a log export tax of 25 percent in 2007 and the
intention to increase this tax to 80 percent in 2009, many forest companies in Asia and
Europe decided to reduce their reliance on Russian logs.
As a result, total log exports
from Russia fell from 51 million m3 in 2006 to about 22 million m3 in 2009 and 2010.
This downward trend, howe
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