Russian sawn timber market shows strong growth trend

The Russian business consulting website reported on May 5 that the Russian sawn timber market showed a strong growth trend according to data from the 2013-2016 Russian sawn timber market forecast conducted by Intesco Research Group.

Whether in the Russian domestic market or in foreign markets, the demand for wood processing products is increasing. However, market participants believe that the level of wood use in Russia's housing construction is relatively low. For example, in Russia, each square meter of housing has 20 times less wood than the United States.

The consumer price of trimming panels has been characterized by a steady positive trend since 2009. Therefore, the price of this plate has increased by 330 rubles per cubic meter per year. In the first five months of 2013, the average price of trimmed panels in Russia exceeded 6,500 rubles per cubic meter. The monthly dynamics of the average price of trimmed sheets is seasonal since 2010 and prices have risen in the second half of each year. At the same time, it should be noted that its price has not skyrocketed. (Compile: Wang Xinyu)

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