Tag: duties

Russian Government introduced export duties on wood pulp, paper, and cardboard

As of October 1, 2023, the Government is introducing flexible export duties on a wide range of products, pegged to the ruble exchange rate. The list includes pulp and paper products, i.e., wood pulp, paper, and cardboard. This...

Federation Council suggested introducing prohibitive duties on furniture and paper from unfriendly countries

The Federation Council suggests that the Cabinet of Ministers introduce prohibitive import duties on several types of furniture, paper, and packaging from unfriendly countries, says a draft resolution of the Council on Forest Sector Development Issues of the...

The Russian Government extended the increased rates of customs duties applied to exports of raw sawn timber until the end of 2025

According to Decree of the Government of the Russian Federation No. 2484 dated December 28, 2022, increased rates of customs duties on the export of roughly processed timber were extended until the end of 2025. The increased rates...

As of January 1, 2022, the Government of the Russian Federation will impose duties on exporting roughly processed sawn timber

The Government of the Russian Federation will limit the export of roughly processed moist sawn timber more than 10 cm thick as of January 1, 2022, Viktor Evtukhov, Deputy Minister of Industry and Trade, told RBC. This is...

The Government of the Russian Federation endorsed new rates of customs duties for exporting certain types of timber

From January 2 to December 31, 2022, higher export rates will be applied to certain types of timber with moisture content over 22% and thickness and width over 10 cm. For instance, export duties for softwood are established...

U.S. duties on Canadian softwood lumber to almost double

The United States has decided to almost double the duties on Canadian softwood lumber from most producers to 17.9%, Canadian Trade Minister Mary Ng said on Wednesday, adding that Canada is “extremely disappointed.” The current rate for most...

Global timber market review #22/23-2016

– Latvijas Finieris Group opens a new birch plywood mill in Kohila (Estonia), launching products with RIGA logo there, Fordaq reported. After two investment phases worth €80 million in total, a world-class birch plywood mill has been created:...

Russian timber industry news #21-2016

– AFK Sistema owned by billionaire Vladimir Yevtushenkov made a public proposal of the purchase of all shares of Finnish house-building company Honkarakenne at the price of €1.5 per share. According to Finnish newspaper Helsingin Sanomat, the CEO...

Global timber market review #20-2016

– According to ITTO, the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion. Recently written notices were received from shipping companies and agents that the prices for ocean shipping from...

Global timber market review #18-2016

– Austria-based timber group Binderholz is positioning itself to make greater inroads in the UK’s sawn and planed softwood market following the formation of a new UK division, TTJ reported. The company is looking to sell the products...

Global timber market review #10-2016

– With declining log inventories at the Chinese ports (about 40% lower than the same time last year) and an uptick in demand for wood in the domestic market, importation of logs has been trending upwards in the...

Global timber market review #6-2016

– A new deal is being negotiated for sawn softwood exports from Canada to the US market, after the 2006 Softwood Lumber Agreement expired last October, ITTO reported. The US president and Canadian prime minister announced at a...