Tag: timber

Timber trading volume at SPIMEX reached 3.34 million m³ in January—July 2024

In July 2024, 632,400 m³ of timber was sold in the Timber and Construction Materials section of the Saint-Petersburg International Mercantile Exchange, which surpasses last month’s performance by almost 2 times, according to the SPIMEX press office. The...

In H1 2024, 636,000 m³ of timber was exported from the Vologda Region

In H1 2024, Vologda enterprises exported 636,000 m³ of timber, as reported by the Northwestern Inter-Regional Administration of Rosselkhoznadzor. According to WhatWood, sawn timber accounts for most of the shipped product. The greatest amount (426,000 m³) was supplied...

Rosleskhoz: the volume of transported timber grew by 12.9% in 2023

In 2023, the total volume of timber transported in Russia increased by 12.9% YoY, reaching 355.7 million m³, as reported by the Federal Forestry Agency (Rosleskhoz). Over 7.6 million electronic accompanying documents for timber transportation were created in...

Government of the Russian Federation amended the procedure of identifying checkpoints for exporting certain types of timber

Decree No. 2133 dated 24.11.2022 introduces changes in some statutory instruments to specify the checkpoints for exporting certain types of timber from Russia. The Decree comes into effect on December 26, 2022. Specifically, a new subparagraph amends Decree...

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...

1H 2021 timber transportation market review: Growth due to increased demand for forest and pulp & paper produce

According to TransLes analytics center, during 1H 2021 railway timber transportation experienced growth due to an increase in demand for timber and pulp & paper products both in external and domestic markets. As a result, the total volume...

Government of the Tver region to allocate 189 million rubles from the regional public funds to support investment projects in the field of value-added wood processing 

The funds are intended to facilitate the development of the timber industry in the region. Starting from 2021, timber enterprises will be provided with soft loans for the purchase of industrial and harvesting equipment and the construction of...

Russian Government introduces duties on the export of timber with a moisture content of over 22%

The duty rates for softwood and oak timber will be 10% but not less than €13 and €15 per 1 m³ respectively. Earlier, there were no duties for these categories. The export duty rates on beech and ash...

US timber prices hit record high again

Softwood timber and panel (plywood and OSB) prices rose by even more the week of May 7 than they did the week before, indicating that demand for construction framing wood products is not slowing down. In the week...

The situation on the forest products market in 2019 – 1Q 2020 in Russia and the world

In 2019 slowdown in the global economy, geopolitical tensions have pulled a decline in demand for forest products. Prices for most forest products remained at low bases. Only to 1Q 2020, prices on world markets for pulp, plywood,...

From 2023, the Group of companies “ULK” will harvest 6 million cubic meters of wood

Since 2023, ULK Group of companies will harvest 6 million cubic meters of wood, process 4.5 million sawlogs and produce 900 thousand tons of pellets. This was stated by Vladimir Butorin, the owner of the Group of companies...

Otkritie Bank opened a credit line to ULK Group of companies in the amount of $725 million

The line is open for three years, until December 25, 2026. These funds will be used for current business and investment projects of ULK Group – the Russian largest timber procurement and production holding. For 2020, ULK Group plans...