Global Implications for Russia’s Planned Export Tax on Logs
Don Roberts, Managing Director of CIBC World Markets
Monday, March 05, 2007
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Recent policy changes by the Russian Government are going to lead to a structural change in the global softwood log market, which in turn will impact current trade flows and the global solid wood products market. This has the potential to have a significant impact on the forest industry in BC, as in the short term this will increase the demand for softwood logs but may also spur demand for solid wood products as historic consumers of those Russian logs look elsewhere for supply.
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click here for a CIBC World Markets report on this subject (.pdf 573KB).