Tag: Russia

UPM: Major benefit of Russia’s accession to WTO will be in softened customs procedures

On the pages of corporate Griffin journal, top managers of UPM expressed their outlook on possible results of Russia’s WTO accession for the company. Pekka Rajala, VP, Sourcing Director North Europe, supposes that elimination of export duties will...

Lumber production in Russia fell 2.6% to 10.2m m3 in the first half of 2013

In the first half-year, lumber production in Russia declined by 2.6% year-on-year down to 10.2 million m3. Plywood production increased by 3.8% to 1.7 million m3, fibreboard production declined by 9.8% to 202 million nominal m2. Paper output...

Export restoration caused pulpwood prices in Russian North-West to grow in May

Growth of roundwood prices in the Central federal district of Russia in May was due to lack of summer timber removal and growing demand for wood at the start of the construction season, as analytic service of WhatWood...

Capital investments into Russian forest industry fell 17.4% in 1Q 2013

Volume of capital investments into Russian forest industry in the first quarter of the year shrank by 17.4% to RUR 20.5 billion. In the pulp & paper sector, Irkutsk region was the leader. Here, large project of Ilim...

Swedish sawmiller Rorvik Timber opened wood procurement office in Russia

Swedish company Rorvik Timber AB has opened wood procurement office in Russia. Mikhail Zhurba is appointed its administrator. The company is going to increase significantly wood deliveries from Russia to its lumber mills in southern Sweden. “Establishment of...

Wood chips export from Russia: volumes and prices

In this new visual graphics, export market for wood chips made in Russia is presented: major consuming countries and average statistic export prices in 2012, as well as price fluctuations for Russian wood chips in Finland in 2012-2013....

Global Trends Review, June 03-09, 2013: surging lumber prices in Japan; growing export wood trade in early 2013; further shift of board & paper capacities

To stop long lasting deflation, Japanese government took monetary easing policy, which depreciated yen’s exchange rate sharply in short time, ITTO reported. The yen/dollar rate was 78 last autumn, now it plunged to 102. Also the yen depreciated...

20 ideas of 3rd Global Softwood Log and Lumber Conference (Vancouver)

We present some major ideas of 3rd Global Softwood Log & Lumber Conference held in Vancouver on May 8 by one of our media partners, Canadian company International Wood Markets. Full version of the article is available in...

WhatWood analytic dep’t: Wood prices and inventories in Russia in April were stable

For most logging companies in Russia, April was an inter-seasonal month, with winter harvesting finished and shipping season and summer harvesting yet to begin. During the inter-season this year, roundwood sales are hindered with regulation #47 of the...

Global Trends Review, May 20-26, 2013: J-grade demand to decline slightly in Q3; high prices may cut Chinese deliveries of Canadian lumber in mid-term

Weaker lumber prices may hinder any further sawmill start-ups in North America, as reported by International Wood Markets. Until prices in North America stabilize, buyers in China and Japan are likely to act defensively, buying only fill-in quantities....

Global Trends Review, May 13-19, 2013: OSB demand in China predicted to grow; new board capacities to appear in China and India

In the latest contracts concluded with buyers in East Asia, Baltic shippers have agreed increases of €25-30/m3 on the softwood lumber prices that applied in the first quarter, EUWID Wood reported. In North Africa, prices in the hitherto...

Customs Union has reduced again duties on imports of coated paper and board down to 5%

Moscow, April 12. The Board of Eurasian Economic Commission decided to reduce temporarily import duties on certain types of paper and board from 15% to 5% of the customs value. Since late April, import duties for most grades...