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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.