Russia may face with new paper shortage due to possible lockdown

Photo: Ulpressa

Russia may face with a new wave of a sharp growth of prices for paper and products on its basis, due to a significant deterioration of the current situation with COVID-19 in the country, according to recent statements, made by some leading domestic producers and local media reports.

According to analysts, the ever growing number of COVID-19 patients in Russia may lead to only to a significant increase of paper prices in the domestic market, but also its shortage, similar to those, which observed last year, when local consumers bought up the majority of domestic stocks (primarily of toilet paper) amid the fears of possible lockdowns.

By: Eugen Gerden