Archives: March 2022

Sanctions against Russian exports to permanently alter the global trade of forest products

Lumber trade flows changed almost instantly when Russia invaded Ukraine in late February. Trade sanctions and restrictions in financial transactions [...]

N. American lumber rally cools; futures tumble below 1,000$

North American lumber headed for its biggest weekly loss since July as transportation snarls that sparked a rally start to [...]

US plans to impose 50% tariffs on Russian birch plywood

The U.S. House of Representatives passed legislation that would end normal trade relations with Russia.     [...]

UK imposes 35% additional import tariffs on Russian wood products

    The UK government has added a 35% additional import tariff on Russian and Belarusian wood products [...]

Stora Enso plans to sell four paper sites in Europe

    Stora Enso has initiated a sales process for a possible divestment of four paper production sites [...]

N. American lumber prices fall 22% in March as housing market cools

     North American lumber prices have fallen 22% from their early March peak as the housing market [...]

Effects of war in Ukraine on the German timber industry

    Effects of the Ukraine war on the German timber industry are potentially extensive.    [...]

Timber industry in Latvia hit by trade suspension with Russian and Belarus

    Sanctions of the European Union (EU) and other countries against Russia and Belarus will also affect [...]

U.S. softwood lumber imports from European suppliers fall sharply

U.S. softwood lumber imports from offshore suppliers fell sharply in the fourth quarter, extending a second-half fade after [...]

UK softwood imports expected to be affected by shortages

As Russian and Belarussian wood products have fallen under legal sanctions, and already leading UK importers are refusing any new [...]