Russian sawn timber supplies to China fall sharply

In general, most of the global markets for sawn timber are experiencing a decline in business activity, which has led to high levels of inventory, which are approaching historical highs. Thus, consumption stagnation is observed in the Chinese sawn timber market (the main export direction of Russian sawn products), which affects the volume of warehouse stocks, which continue to grow. Some traders note that rather sluggish demand was recorded in March, which led to an increase in stocks and lower prices. Russian supplies of sawn timber to foreign markets continue to decline in 2023 and amounted to 2 ...