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Brexit impact


Logsnstuff
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Oil (and heating oil) is priced in dollars... With the pound going down in value it means heating oil will cost more....

 

Should be a better winter for you log boys...

 

Talking with my timber supplier about this, this morning ,

he said a lot of the sawmills are also importing timber if price goes up, theyll start using uk sourced again ,tightning up firewood supplies

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As we are producing and exporting kiln dried products and briquettes to UK from Lithuania, mostly all clients are not able to buy because of the GBP/EUR rate at the moment, besides its not the import season, all purchases starts in the end of July/August. I hope we will not have VAT/import taxes after UK goes out of UK.

 

Its very interesting situation, hope the rate will increase agains the euro, but if not we will have less buyers from UK of kiln dried firewood or briquettes and EN+A1 pellets.

 

If the rate will remain same, our customers who import will have to have higher selling prices than last year, so end users will have to pay more for imported and I believe less for locally produced firewood?

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