Russia: Wood prices expected to decline by 20%

Russia: Wood prices expected to decline by 20%
In Russia, a 20% decline in wood prices and a new rise in prices in April-May 2022 are predicted by experts. The decline in prices is associated with their stabilization after a significant increase in August.    The director for strategic development of the Russian Association of Wooden Housing Construction Semyon Goglev noted that the price for a lumber board, 40-50 mm thick in October fell from 24-27 thousand rubles per cubic meter (291-327 Euro/m3) up to 18-20 thousand rubles (218-242 Euro/m3).    “After the beginning ...

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