June 23, 2020
About 40% of Chinese factories in Gabon have ceased production
It is estimated that about 40% of Gabon’s Chinese factories have ceased production. In some cases, the plywood plants still operating in Gabon, Congo and Cameroon cut production to 70% of pre-pandemic levels. Chinese suppliers realize that when the consumer economy will recover from the impact of the pandemic, they will face new players in India, the Middle East, Vietnam, the Philippines and South America that need to diversify their sales and will face more competition. The investments made by the Asian companies, in particular, the Chinese companies in the ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
All this for only 248 EURO/year!(approximately $ 272.51, Paypal exchange rate)
- Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood construction / Wood flooring / Wood pellets / Wood Products / Wood-based panels / Asia & Middle East / Australia and Pacific Region / China / Europe / Global / North America / Russia / South AmericaDaily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood pellets / Wood Products / Wood-based panels / Africa / Asia & Middle East / Australia and Pacific Region / China / Europe / Global / North America / Russia