Russia to rebuild China’s timber supplies
Posted on March 14, 2022 |
- Russian timber traders are facing barricades of supplies around the world, and only the Chinese operator Cosco is available for them.
- Evaluating the current situation, the share of exports to Asian countries will grow, but Russian manufacturers will need time and money to reorient supplies.
- The decline of the sales market and its monopolization will affect the prices for timber products and call into question the implementation of large-scale investment projects in Siberia.