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March 13, 2020

Chinese wood industry slowly coming back to life

Chinese wood industry slowly coming back to life
   Chinese firms are resuming work, and there appears to be an improvement over the last week. However, production has not returned to normal levels. The Chinese quarantines and associated slowdown will continue to result in impacts on the global supply chain for some time.    Work reportedly resumes in wood industry, including wood processing plants, although the market is yet to recover. In Shandong province (coastal province south-east of Beijing, population 100 million) has lifted the requirements for government approval for work resumption. Some factories started to receive orders.    With ...

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