Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Australia and Pacific Region / China / Global
April 5, 2021
Australian timber faces a long-term deadlock due to the freezing of Chinese imports
Australia is preparing to completely interrupt its annual timber trade with China after Beijing Customs' request to resume log exports is ignored, with a market value of 1.6 billion Australian dollars (1.23 billion US dollars). Since the end of last year, Australia-China trade of 4 million tons of logs has basically been suspended. Previously, Beijing, China stated that pests were found in cargo from several Australian ports. However, wood chips continue to be exported to China. Australia’s timber and coal, barley, seafood and wine, and many other commodities ...
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