The shortage of lumber has led to an increase in prices for timber in Russia. It may take years for the market to recover, some experts say. Over the past six months, timber in Russia has added an average of 30% in price, said Ivan Melekhov, co-owner of FiNEX Handcrafted Floors brand. At the same time, some tree species have risen in price by 80%. Lumber was no exception: last spring a cubic meter cost an average of 11.000 rubles/cubic meter (around EUR 127/m3), now - about 26 thousand ...
Register for unlimited access
We work hard to bring you the latest news in the world of the 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!
