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May 12, 2022

China: Timber supply pressure rises as lockdowns continue

China: Timber supply pressure rises as lockdowns continue
Since 2020, Covid-19 lockdowns have had a huge downstream impact on the global timber supply chain, resulting in soaring freight rates and rising timber prices. Since the beginning of this year, ocean freight rates have been soaring and the impact on the timber supply side has been increasing. Mostly, current lockdowns in China have affected global  shipments and the accumulation of empty containers in global ports has brought more pressure to the already tense timber supply chain.    Port cargo piles up like a mountain in Germany    Many ports in Germany have ...

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