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Softwood Log Prices Increased In Russia In 2009, While Hardwood Prices Fell Because Of A 72% Decline In Log Exports

Seattle, USA. April, 2010. Domestic softwood sawlog prices have moved up in Russia in 2009 both in Rouble and in US dollar terms. In the 4Q, the average pine log prices were over 30% higher than in the 1Q/09 (in Ruble terms they were up 15% during the year), as reported in the Wood Resource Quarterly. The major reason for the price jump was that production of lumber and plywood picked up towards the end of last year, and demand for logs was slightly higher.

Softwood pulpwood cost also went up during 2009 in Rouble terms, but hardwood pulpwood prices fell. The hardwood log market changed dramatically during 2009 because of the sharp reduction in exports of birch logs to Finland. The export volumes were down by 8.5 million m3, or 72%, from 2008 mainly as a result of reduced demand for hardwood fiber in the Finnish pulp industry. The Russian government's ambiguity and lack of clarity regarding the future policies of log export taxes has resulted in a reluctance from foreign companies to invest in Russia, and many forest companies are considering other regions for their long-term supply of wood raw-material.

Russia's Prime Minister Mr. Putin announced last year that the current log export tax for softwood timber will remain at 25% of the log value (with a minimum of €15/m3) for 2010. He also hinted that this tax might be extended to 2011 if the demand for Russian forest products had not improved by that time. The key message in the Prime Minister's statement was that Russia has no intentions of suspending the export tax altogether as had been requested by the Finnish Government and by the EU. There are, however, indications that the duty-exemption for birch logs night be raised from top-diameter 15 mm to 24 mm.

In addition to a decline in demand for Russian logs, the wood supply increased in the second half of 2009. The winter was very cold in western Russia this year, which was good for logging. More timber is expected to be available in the spring and with substantial log inventories, costs for both sawlogs and pulplogs can be expected to decline later in the spring.

Official statistics show that timber harvests were down 15% in 2009 as compared to the previous year. This seems low considering the substantial decline in log exports and the reduced domestic production of lumber, wood-based panels and pulp last year. WRI estimates that the actual decline in timber harvests last year was closer to 20%.

Global timber market reporting is included in the 50-page publication Wood Resource Quarterly. The report, established in 1988 and with readers in over 25 countries, tracks sawlog, pulpwood, lumber and pellet prices in key regions around the world and also includes regular updates of the latest developments in international timber, pulp, lumber and biomass markets.

Contact Information

Wood Resources International LLC

Hakan Ekstrom

Seattle, USA

www.woodprices.com

About the Author

Mr. Ekstrom is the President of Wood Resources International LLC . The company is an internationally recognized forest industry consulting firm established in 1987, which publishes two quarterly timber price reports and have readers in over 25 countries. The Wood Resource Quarterly, established in 1988, is a 50-page market report and includes delivered sawlog prices, pulpwood and wood chip prices. The report also covers the latest developments in international timber, pulp, lumber and biomass markets in all major regions of the world, including Asia, North America, South America, Oceania and Europe.

Russian Ruble $68.51 High Quality Content by WIKIPEDIA articles The ruble or rouble (Russian: rubl, plural rubli; see note on English spelling and Russian plurals with numbers) (code: RUB) is the currency of the Russian Federation and the two partially recognized republics of Abkhazia and South Ossetia. Formerly, the ruble was also the currency of the Soviet Union and the Russian Empire prior to their breakups. Belarus also uses currency with the same name. The ruble is subdivided into 100 kopeks (sometimes transliterated kopecks, or copecks, Russian:, kopeyka, plural:, kopeyki). The ISO 4217 code is RUB; the former code, RUR, refers to the Russian ruble prior to the 1998 denomination (1 RUB = 1000 RUR). Author: Surhone, Lambert M./ Tennoe, Mariam T./ Henssonow, Susan F. Binding Type: Paperback Number of Pages: 100 Publication Date: 2010/08/31 Language: English Dimensions: 6.00 x 9.02 x 0.24 inches

The Vanishing Rouble $39 An accessible and authoritative analysis of barter in the former Soviet Union.

Krasnoyarsk Chasoviya, the City Symbol, is Depicted on 10 Rouble Notes $24.99 Simon Richmond Krasnoyarsk Chasoviya, the City Symbol, is Depicted on 10 Rouble Notes - Photographic Print

In for a Ruble (Hardcover) $35.3 A pulse-pounding mystery featuring Russian-American detective Turbo Vlost, the deadliest ex-KGB operative to ever hit New York Turbo Vlost is back. He`s depressed, drinking too much and terrified that his girlfriend is truly gone. Hired to test the security of billionaire hedge fund manager Sabastian Leitz`s computer system, Turbo finds himself slicing through the fetid layers of the Leitz family towards their unspeakable and mysterious demons. But Turbo isn`t the only one interested in the Leitzs. The shadowy, Belarus-based Baltic Enterprise Commission has its claws in Leitz`s brother-in-law. So, it appears, does Leitz`s brother. And Leitz`s son, a teen-aged computer-whiz, is running his own million-dollar schemes. Thanks to his own legwork and his partner, Foos`s data-mining monster, Turbo can see all the cards. Vlost knows to play the hand he has to join the kind of game he recognizes from his childhood in the Gulag?one where the odds can suddenly grow short and losers don`t always come out alive. Duffy will enthrall fans of Martin Cruz Smith and Tom Rob Smith in this action-packed Turbo Vlost adventure.

Washingtons U Street By Ruble, Blair A. $47.39 Author: Ruble, Blair A. Subtitle: A Biography Publication Date: 2010/10/20 Number of Pages: 410 Binding Type: Hardcover Language: English Depth: 1.25 Width: 6.25 Height: 9.25

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Stitchers and Bitchers by Ruble, Kam [Paperback] $22.35 Every Tuesday morning, a small group of golden age women (the Stitchers and Bitchers) get together for coffee. When one of the women goes missing, the rest of the group determines to find out why. With no acceptable assistance from the local police, these women turn amateur detectives. Their sleuthing takes them from their small hometown in Nebraska to South Dakota. Is Amy alive or dead? Was Amy in an accident, or was their foul play? Readers travel on the journey with the Stitchers and Bitchers as they unravel the mystery, uncovering deceit and lies. Author: Ruble, Kam Binding Type: Paperback Number of Pages: 232 Publication Date: 2006/10/01 Language: English Dimensions: 8.50 x 5.50 x 0.53 inches

Dear Alfie by Ruble, Ronald L. [Paperback] $18.71 An exceptional coming of age novel by a first time writer. A boy growing up in a small town experiencing life from grades one through twelve. The book also details his experiences with an adventuresome sibling, who generally steals the stage. A must read for both young and old, that will surely bring a smile to your lips and fond memories to mind. You will easily relate to the situations, and the characters will be like old friends revisited. A scrape with death as a young boy brings a lifes importance into focus for the author. The stories are SO good, you wont want them to end. Dear Alfie is a fast, easy and enjoyable read. Author: Ruble, Ronald L. Binding Type: Paperback Number of Pages: 144 Publication Date: 2006/04/07 Language: English Dimensions: 6.00 x 9.02 x 0.34 inches

Fashion Designer Vesocskaya Vladislava Shows Off One of Her 250 Ruble Gowns $79.99 Margaret Bourke-White Fashion Designer Vesocskaya Vladislava Shows Off One of Her 250 Ruble Gowns - Premium Photographic Print

Black Lily: Have No Mercy 111 by Ruble, Kam [Paperback] $20.66 When the mayor of Mt. Pride, Colorado disappears, is it because of foul play, or did he disappear on his own? It is top priority for detectives Joe Warner and Eddy Konklin to solve this baffling case. Author: Ruble, Kam Binding Type: Paperback Number of Pages: 388 Publication Date: 2004/05/01 Language: English Dimensions: 8.50 x 5.50 x 0.86 inches

The Vanishing Rouble: Barter Networks and Non-Monetary Transactions in Post-Soviet Societies $47.78 No Synopsis Available

Napkin Folding Problem $68.51 High Quality Content by WIKIPEDIA articles High Quality Content by WIKIPEDIA articles The napkin folding problem in geometry explores whether folding a square or a rectangular napkin can increase its perimeter. The problem is known under several names, including the Margulis napkin problem, suggesting it is due to Grigory Margulis, and the Arnolds rouble problem referring to Vladimir Arnold and the folding of a Russian ruble. There is a great deal of confusion as to whether the problem is completely resolved. Versions of the problem were solved by S. Krat, Robert J. Lang, A.S. Tarasov and I. Yaschenko. Author: Surhone, Lambert M./ Timpledon, Miriam T./ Marseken, Susan F. Binding Type: Paperback Number of Pages: 76 Publication Date: 2010/07/13 Language: English Dimensions: 6.00 x 9.00 x 0.18 inches

Ukrainian Karbovanets $58.94 High Quality Content by WIKIPEDIA articles The karbovanets has been a distinct unit of currency in Ukraine during three separate periods. The name is also used in the Ukrainian language for the ruble.(17 March 1917 29 April 1918) In March 1917 in Kiev some political parties formed the Central Rada which proclaimed on November 20, 1917 the foundation of the Ukrainian Peoples Republic. The etymology of the name karbovanets is debatable: by one supposition it originated in the Ukraine from the ancient primitive way to carve numbers of calculations on a rod, and by another supposition from the carving (incision) on a rim of a metal rouble. Author: Surhone, Lambert M./ Timpledon, Miriam T./ Marseken, Susan F. Binding Type: Paperback Number of Pages: 72 Publication Date: 2010/07/09 Language: English Dimensions: 5.98 x 9.01 x 0.17 inches

Urban Diversity By Kihato, Caroline (EDT)/ Massoumi, Mejgan (EDT)/ Ruble, Blair A. (EDT)/ Subiros, Pep (EDT)/ Garland, Allison M. (EDT) $103.56 Author: Kihato, Caroline (EDT)/ Massoumi, Mejgan (EDT)/ Ruble, Blair A. (EDT)/ Subiros, Pep (EDT)/ Garland, Allison M. (EDT) Subtitle: Space, Culture, and Inclusive Pluralism in Cities Worldwide Publication Date: 2010/09/07 Number of Pages: 382 Binding Type: Hardcover Language: English Depth: 1.50 Width: 6.50 Height: 9.50

Bullion Coins: Gold Coins, Silver Coins, Denarius, Krugerrand, Napoleon, American Silver Eagle, Libertad, Constantine Ruble $38.76 Purchase includes free access to book updates online and a free trial membership in the publisher's book club where you can select from more than a million books without charge. Chapters: Gold Coins, Silver Coins, Denarius, Krugerrand, Napoleon, American Silver Eagle, Libertad, Constantine Ruble, Canadian Gold Maple Leaf, Morgan Dollar, Canadian Silver Maple Leaf, Liudhard Medalet, Junk Silver, Solidus, Bracteate, Chinese Silver Panda, Maria Theresa Thaler, Mancus, Vreneli, Gold Dinar, German Gold Mark, American Gold Eagle, Ducat, Islamic Gold Dinar, Australian Gold Nugget, Chinese Gold Panda, Bullion Coin, Miliaresion, Florin, Hyperpyron, Aureus, Bezant, Koban, Friedrich D'or, Kreuzer, America the Beautiful Silver Bullion Coins, Columnarios, Kijang Emas, Doubloon, Sequin, Hexagram, Spur Ryal, Australian Silver Kookaburra, Centenario, Reka Devnia Hoard, Augustalis, Platinum Coin, Palladium Coin, Moidore, Kelantanese Dinar, Biatec, Ireland 1996 25 Euro Coin, Ake, Grosso of Venice, Ireland 1990 50 Ecu Coin, Ireland 1995 Commemorative 1 Pound Coin, Miliarense, Ying Yuan, Histamenon, Ashrafi, Diobol, Sultani, Mexican Silver Libertad, Mexican Gold Libertad. Excerpt: The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. It is authorized by Title II of Public Law 99-61 (Liberty Coin Act, approved July 9, 1985) and codified as 31 U.S.C. 5112(e)-(h). Its content, weight, and purity are certified by the United States Mint. In addition to the bullion version, the United States Mint has produced a proof version and an uncirculated version for coin collectors. The Silver Eagle has been produced at three mints: the Philadelphia Mint, the San Francisco Mint, and the West Point Mint. Th... More: http: //booksllc.net/?id=1697349

Economic History of Russia: 2008-2009 Russian Financial Crisis, Eurasian Land Bridge, Russian Ruble, 1998 Russian Financial Crisis $19.49 Chapters: 2008-2009 Russian Financial Crisis. Source: Wikipedia. Pages: 149. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: The 20082009 Russian financial crisis, part of the world Economic crisis of 2008, was a crisis in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more than 70% of its value since its record peak of $147 on 4 July 2008 before rebounding moderately in 2009. According to the World Bank, Russias strong short-term macroeconomic fundamentals made it better prepared than many emerging economies to deal with the crisis, but its underlying structural weaknesses and high dependence on the price of a single commodity made its impact more pronounced than would otherwise be the case. In late 2008 during the onset of the crisis, Russian markets plummeted and more than $1 trillion had been wiped off the value of Russia's shares, although Russian stocks rebounded in 2009 becoming the worlds best performers, with the Micex index having more than doubled in value and regaining half its 2008 losses. As the crisis progressed, Reuters and the Financial Times speculated that the crisis would be used to increase the Kremlin's control over key strategic assets in a reverse of the "loans for shares" sales of the 1990s, when the state sold off major assets to the oligarchs in return for loans. In contrast to this earlier speculation, in September 2009 the Russian government announced plans to sell state energy and transport holdings in order to help plug the budget deficit and to help improve the nation's aging infrastructure. The state earmarked about 5,500 enterprises for divestment and plans to sell shares in companies that are already publicly...More: http: //booksllc.net/?id=1935825

Economy of Tajikistan : Economy of Tajikistan, Economic Cooperation Organization, Agriculture in Tajikistan, Tajikistani Ruble $8.41 No Synopsis Available

Economy of Belarus : Economy of Belarus, Belarusian Ruble, Student Construction Brigade, List of Banks in Belarus $8.26 No Synopsis Available

Le Mariage de Jeanne DAlbret (1877) $34.85 Author: De Ruble, Alphonse Binding Type: Paperback Publication Date: 2010/09/10 Language: French Dimensions: 9.00 x 6.00 x 0.70 inches

Learning the Basics of Color $17.5 Another fun learning book with Professor Hoot by Eugene Ruble. This basic book of colors is a must for budding artists. Silly paint tubes and the professor instruct with humorous art. Suggested age for readers: 512 Author: Ruble, Eugene/ Ruble, Eugene Binding Type: Paperback Number of Pages: 16 Publication Date: 2010/06/23 Language: English Dimensions: 8.50 x 8.50 x 0.04 inches Large Print

Black Rosebud: Have No Mercy II $28.56 Awardwinning author and playwright, Karen Mueller Bryson states Bobby and Kam Ruble tell a wonderful story, full of interesting and welldeveloped characters, while skillfully capturing the essence of life in rural Nebraska . . . It is a thoroughly enjoyable read. Author: Ruble, Bobby/ Ruble, Kam Binding Type: Paperback Number of Pages: 588 Publication Date: 2003/07/01 Language: English Dimensions: 9.20 x 6.10 x 1.44 inches

The Crocodile: An Extraordinary Incident $24.74 On entering the Arcade he was at once full of admiration for the splendours of the building and, when we reached the shop in which the monster lately arrived in Petersburg was being exhibited, he volunteered to pay the quarter-rouble for me to the crocodile owner - a thing which had never happened before.

Le Traite de CateauCambresis: 2 Et 3 Avril 1559 (1889) $36.99 Author: De Ruble, Alphonse Binding Type: Paperback Number of Pages: 358 Publication Date: 2010/09/10 Language: French Dimensions: 6.00 x 9.02 x 0.74 inches

Antoine de Bourbon Et Jeanne DAlbret V4 (1886) $53.63 Author: De Ruble, Alphonse Binding Type: Hardcover Number of Pages: 450 Publication Date: 2010/09/10 Language: French Dimensions: 6.00 x 9.02 x 1.13 inches

Muscles Make Us Move $18.47 Learning the major muscles in the human body can be a challenge. Bill Kirks muscle book is here to help. Written in rhyme and illustrated by Eugene Ruble, it breaks down the bodys muscles into manageable chunks. Youll be amazed at how fast you will learn them. Suggested age for readers: 813 Author: Kirk, Bill/ Ruble, Eugene Binding Type: Paperback Number of Pages: 32 Publication Date: 2011/07/10 Language: English Dimensions: 8.50 x 8.50 x 0.08 inches Large Print

Counting 1 to 10 with Professor Hoot $18.47 Eugene Rubles wonderful world of wacky animals teaches counting 1 to 10 with Professor Hoot. Count the barking bees, the fl ies fi shing and the ducklings diving. Three counting activities. Author: Ruble, Eugene/ Ruble, Eugene Binding Type: Paperback Number of Pages: 24 Publication Date: 2008/09/01 Language: English Dimensions: 8.50 x 8.50 x 0.06 inches Large Print

Hilda, a Very Loyal Goat $4.24 Hilda is a very loyal goat and Ruble Cole's best friend. He doesn't even mind that she has bestowed upon him a girl's name. If she likes it, he likes it, too. After all, he's a very loyal goat.But even a loyal goat can get into trouble sometimes.Hilda starts off his day off on the wrong hoof when he tries to wake up Ruble and unwittingly creates chaos. Then when he decides to follow Ruble to school, things get even worse. All of Hilda's good intentions seem to go awry and nearly everyone in the Cole family calls him "meddlesome" All of this causes Hilda to wonder: Is he really a loyal goat? Or is he as meddlesome as they say?It's a day of adventure -- and ups and downs -- for Hilda, a very loyal goat.A picture book for young readers with over 60 colorful illustrations.

American Coin Treasures First Coins of the Russian Republic $41.54 Collect the first coins of the Russian Republic These are the first coins in generations without the Communist Hammer and Sickle designCollectible coins were first released on December 1, 1991Set includes a 1, 5, 10, 20, 50 and 100 Ruble coin

The Financial Crisis in Russia 1998 $27.64 Seminar paper from the year 2010 in the subject Economics / Business: Business Management, Corporate Governance, grade: 1,7, University of Applied Sciences Berlin (International Management), language: English, abstract: Once again Russia's positive economic development outlook has been thrown into question by the global financial crisis. The country has faced a whole lot of economic problems in the past months. Russians have withdrawn 290 billion Dollars from the country's banks in fear of a financial collapse. At first sight on the past two years' events on Russia's financial market one may have had an impression of a d j -vu: Since August 2008: the Rouble has dropped about one third against the Euro over 30 percent and against the Dollar even more than 40 percent.2 The incoming foreign investment of 28 billion Dollars which broke all records right in the year before has now shrunk up to a few billion. The country's two stock markets, the Russian Trading System (RTS) and the Moscow Interbank Currency Exchange (MICEX), have fallen 78 percent and 67 percent respectively since their highs in May 2008.3It appears as some cynical 10th anniversary of 17th of August 1998: when the Russian Government announced the gradual devaluation of the Rouble, the default on domestic and foreign debts, and declared a moratorium on payment by Russian commercial banks to foreign creditors. So the Rouble has dropped to the Dollar more than 300percent in the following months and was six times lower only a year after.At the outset this paper sets the currency crisis into the framework of the macroeconomic theory and provides a historical overview by putting the 1998 crisis into its timeframe and showing the impacts on the Russian economy. Furthermore the following questions are discussed: Why did the Rouble collapse? Was this a home-made crisis or was it caused by exogenous factors such as the foregone turmoil on Asia's financial markets?Finally it shows what the conditions under whic

The Miesse Family Their Westward Trek Volume I: Johann Daniel and the Descendants of Sons Jacob, Joseph, and Abraham $43.98 READ THE EXCITING HISTORY OF THE MIESSES About The Book The Miesse book has been many years in the making. The Miesse Family Tree began with the works of Ezra Miesse, George A. Katzenberger, Milton Arnold, and Anthony J. Ruble who encouraged their families to keep good records. Ezra, George, and Anthony each compiled a self-published book. As Dorothy Ruble Hudson traveled around the country in search of genealogical roots many amazing surprises were uncovered about her Miesse Family. New cousins were found including Mary Harrell-Sesniak with whom Hudson decided to co-author the Miesse Book. While both researched all Miesse descendants the project was divided into two parts, each beginning with the adventurous life of their emigrant father, Johann Daniel Miesse. In Volume I, the reader will be fascinated by the exciting accounts of his sons, Jacob, Joseph, Abraham and their descendants as written by Dorothy Ruble Hudson in cooperation with Mary Harrell-Sesniak. With Hudson's assistance, Harrell-Sesniak wrote the enthralling legacies of Johann Daniel's children, Elizabeth, John, Daniel and their lines. Through the authors' different styles, the highly successful completion of this Miesse historical resource will be invaluable to descendants as they enjoy the rich collections of ancestral stories, documents and photos. In the spirit of their forefathers' dreams, the authors encourage readers to record their family history at the end of the book.

Market Without Economy. the 1998 Russian Financial Crisis $31.89 The 1998 financial crisis in Russia was one of the most dramatic economic breakdowns of the last decade. It symbolized the failure of the transition process as it had been conducted since the end of the Soviet Union. There is no general consensus on the reasons behind the collapse of the rouble and a number of contradictory interpretations have been discussed among economists. This book argues that the Russian 1998 financial tur-moil was best predicted by Krugman's and Sargent-Wallace's models. It suggests that the currency collapse had its origins in the peculiar way in which the transition was managed. In particular, the Russian government became trapped by the double constraint of a tight monetary policy imposed by the IMF and a loose fiscal policy needed to support the private sector. These economic policies were inconsistent, and led to inflationary pressure that was postponed by issuing a large amount of Treasury Bonds to finance the fiscal deficit. At the same time, the tight monetary policy retarded the re-covery of the industrial sector. While the particular timing of the crisis was co-determined by other factors, such as the Asian financial crisis and the fall of the oil price, it was this incoherent mix of monetary and fiscal policies that constituted the main cause of the rouble's spectacular collapse in August 1998. The book provides extensive coverage of a decade of Russian reforms. It criticizes neo-liberal ideology and the mode of transition process supported by the "Washington Consensus."

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