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April 6, 2021

China: Timber prices soar, supplies short amid virus disruptions

China: Timber prices soar, supplies short amid virus disruptions
Timber prices in China soared as imports have been affected by the COVID-19 pandemic, which has put much stress on companies in the sector. But experts predicted that the situation will ease as the pandemic wanes and conditions improve.    "The COVID-19 pandemic keeps disrupting the timber sector's logistics and imports have decreased at coastal and border ports," Pan Jinzhi, a sales manager at a timber import and processing company based in Erlian, North China's Inner Mongolia Autonomous Region, focusing on importing timber from Russia, told the Global Times on Monday.   ...

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