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Russia reduced on 6% delivery of wood to China

Объём экспорта леса из России в Китай сократился на 6 процентовAccording to the data of experts company “TransLes” in the period from January to June 2021 there are good conditions on Russian and international markets, it is a high demand and the price level on wood and pulp-paper products. It is expected that positive dynamics of the demand on the products of forest industry will be kept, however the prices will be changed.
 First of all, this will be affected by increasing the competition in the USA sawn timber market against the backdrop of high market conditions and rapid saturation of this market.

Another important factor of influence is the introduction in the European Union of anti-dumping duties for Russian plywood suppliers. They began to operate in middle of June and now they are 15,9% of the cost per cubic meter of production. By the end of this year, the issue of extending the duties for another 3 years will be resolved.
In addition, experts say that in the supply of timber and sawn timber to China, competition between countries is increasing. According to Chinese customs statistics, with an overall increasing in the supply of timber products to the country on 13%, the share of Russia decreased on 6% (to 22% of the total volume). The development of the situation is mainly related to the revision of the export policy in relation to coniferous unprocessed and roughly processed wood. As a result, China quite expectedly replaces the volumes not coming from Russia at the expense of other exporting countries


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