Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood construction / Wood Products / Europe / Global
November 5, 2020
Challenges for the EU wood market as many countries go back into lockdown
It remains to be seen whether the recovery in EU wood market will be sustained as there are, once again, serious challenges emerging for the European economy due to the second wave of coronavirus infections. The relative strength of the euro is already creating a headache for the European Central Bank which is becoming alarmed at the impact on export competitiveness of EU27 manufacturers at a time when other factors are weighing down heavily on demand. Meanwhile, the second waves of COVID infection across Europe have grown to be larger ...
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