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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

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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