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April 14, 2020

Coronavirus: Poor global supply causes rising timber import prices in China by 30%

Coronavirus: Poor global supply causes rising timber import prices in China by 30%
In the recent period, coronavirus pandemic has reduced logging in many countries, overseas container costs and sea freight prices have risen, and prices for imported wood raw materials in China have risen by more than 30%, industry insiders report.     Due to the impact of the pandemic, some timber-producing countries have reduced log harvesting, and some countries have even suspended log exports. This has led to greater difficulty in exporting logs to China and to a lack of timely timber supply.    80% of China' wood processing industry depends on imports, and a ...

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