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June 30, 2021
Japan timber industry in unprecedented crisis due to supply shortages and record prices
Currently, Japan is suffering from the third timber crisis, with unprecedented supply shortages and extremely high prices of timber. The reason is that the expansion of demand in the United States and China has pushed up the price of wood products. Another reason is the shortage of containers, leading to delays in shipments. The first timber crisis in Japan in the early 1990s was caused by environmental problems, and the prices of imported timber products soared. The second timber crisis occurred in 2006, mainly because Indonesia restricted timber logging at that time.   ...
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