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WhatWood Exchange Timber exchange trading turnover surged by 49% in Russia in 2024

Timber exchange trading turnover surged by 49% in Russia in 2024

13 December 2024 ` 11:54  

In 2024, the volume of timber sales at organized trading increased by 11% YoY, up to 5.7 million m³, as reported by the press office of the Saint-Petersburg International Mercantile Exchange (SPIMEX). SPIMEX accounted for 85% of the total volume.

The monetary turnover of timber exchange trading surged by 49% YoY in 2024, up to 11.2 billion rubles (with 7.5 billion rubles in 2023).

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