Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global
April 8, 2020
European softwood lumber exporters divert shipments from China to Egypt
In the first two months of 2020, Chinese imports of softwood lumber was 7.9% down y-o-y to 3.33 million m3. The import value fell by 20.3% to $535.1 million. Softwood lumber price in China decreased 13.5% to $161 per cubic meter in January-February 2020, according to China Customs data. For the first time, the effect of the coronavirus pandemic became noticeable in late January - early February, supplier companies told GWMI. At that time companies from China and South Korea began to postpone their orders ...
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