Russia

Log demand in China remains weak at the moment

China softwood log inventory has remained stable at about 5.0M. Daily port log offtake has dropped to around 60 [...]

Norway boosts softwood log exports to EU countries filling Russian supply gap

Norway became the largest supplier of softwood logs to the EU instead of Russia which had a share of 49 [...]

Mounting concern over European wood supply

    After announcing a ban on imports of wood products from Russia and Belarus in April, Estonia [...]

Global trade of softwood lumber slowed in early 2022

Global trade of softwood lumber slowed in early 2022, in particular lumber headed to China, the US, and Germany, where [...]

Koskisen to sell sawmill operations in Russia

    Koskisen’s wood processing company has sold its sawmill operations located in Russia to Cherepovetsles. Koskisen [...]

Russian timber exporters seek new markets in Middle East and Asia

    The Russian Ministry of Industry and Trade recently told local media that the Middle East, Asia [...]

Will the production of wood pellets be stopped in Russia due to sanctions?

    Starting July 10, the Russian wood pellet exports to Europe will be completely stopped. From this [...]

Because of sanctions against Russia, firewood is becoming a new energy source for European countries

    The surge in gas and electricity prices has sparked interest in Europe for a long-forgotten [...]

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]

Russia reduces production of wood pellets by 10% due to lack of export markets

At the end of 2021, about 2.5 million tons of wood fuel pellets were produced in Russia. However, in [...]