Implications of ban for global markets
Wednesday 2 Jun 2021
China will also continue to shift its mix of imports, from logs to lumber, a pattern seen also in Japan and South Korea. This will create an opportunity for lumber producers globally to expand exports to China.
In the longer term, if Russia is successful in growing its wood processing industry and improving the quality and sustainability profile of those products, it will be an increasingly competitive player in global markets.
For more information about the study from Wood Resources International and O’Kelly Acumen, visit the WRI website: https://woodprices.com/focus-report-series
Source: Glen O’Kelly,
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