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Over 8 months of 2022, the volume of timber trading on the Saint Petersburg International Mercantile Exchange (SPIMEX) reached 3 million m³. This was reported by Alexey Ryzhikov, Senior Managing Director at SPIMEX, who was speaking at the...

In September, retail prices of Grade 4 square plywood dropped by 13% compared to last month, according to the monthly price review by WhatWood Agency. For instance, a cubic meter of 10 mm plywood (interior grade plywood, 1525х1525,...

After four months of decline, US imports of hardwood plywood bounced back in August, gaining 11% over the previous month, according to the International Tropical Timber Organization (ITTO). However, the 302,300 m³ imported was 7.4% less than the...

Russian birch wood is routed through Asia before being shipped to American stores, reports The Washington Post, citing an exclusive report from the Environmental Investigation Agency. The Environmental Investigation Agency (EIA), a nonprofit watchdog group based in Britain,...

The European Commission announced that the EU countries have approved the eighth package of sanctions against Russia. Additional restrictions include a ban on imports of wood pulp and paper from Russia. All imports of products from Russia, which...

Production of Russian sawn timber for 8 months 2022 decreased by 6.2% YoY to 20.2 m³, according to Rosstat. Production in August compared with July decreased by 1.9%.

According to Rosstat, in January-August 2022, Russia reduced plywood production by 23.9% YoY to 2.336 million m³. The decline in production in August compared to July amounted to 3.7%.

Canadian sawn timber production decreased 3.2% from May 2022 to 4.5 million m³ in June. Production was down 8.7% from June 2021. Canada’s sawmills shipped 4.54 million m³ of sawn timber in June, down 1.5% from May 2022 and down 5.1% from June 2021.

The Association of Furniture and Woodworking Enterprises of Russia informs there was a decline in producer and retail prices for furniture in May 2022 due to the crisis of overproduction in the Russian market of wood-based panels. According...

The Industrial Development Fund (IDF) will provide Volga (the town of Balakhna, Nizhny Novgorod region) a preferential loan of 1.5 billion rubles, as the press office of the regional government reports. The loaned funds will be used for...

Huhtamaki has sold its operations in Russia to Espetina Ltd. Espetina is a holding company owned by Alexander Govor and Iury Kushnerov. The transaction includes four manufacturing units in Russia, employing 724 people. On April 14, 2022, Huhtamaki...

According to Roslesinforg, the volume of timber harvesting in Russia following the results of the 1H 2022 decreased by 4.5% YoY to 100.3 million m³. Positive dynamics was recorded only in the Central and Ural federal districts —...