Russia log export ban could impact US wood market

Russia log export ban could impact US wood market
    A planned prohibition against log exports from Russia isn’t expected to have immediate impacts on U.S. log producers but may create future market opportunities.    Russian President Vladimir Putin is seeking to ban shipments of conifers and valuable hardwoods by early 2022 while proposing subsidies for wood processing facilities within the country.    “They want to have more value added and more work,” particularly in rural areas, said Hakan Ekstrom, principal of the Wood Resources International forest market analysis firm.    Though the announcement doesn ...

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