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May 31, 2021

Egypt: High prices for wood imports and short supply

Egypt: High prices for wood imports and short supply

Egyptian wood importers are between the hammer of the global market and the anvil of the domestic market.

The timber available in Egypt after importers accepted freight and wood prices in order to reduce the shortage of stock and push the wheels of work and factories that have already closed due to the shortage of raw wood.

The timber sector received another blow from the government, as the Egyptian government stopped selling lands within the new cities to individuals and only selling to real estate developers.

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