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October 26, 2020

Tighter supplies of wood in global markets expected to increase prices in the upcoming period

Tighter supplies of wood in global markets expected to increase prices in the upcoming period
  • The easing of lockdown conditions in many countries are causing significant upward pressure. These include a mismatch between the demand and supply of wood, as activity in construction and other wood using sectors have returned to pre-crisis levels following lockdowns and other restrictions earlier this year, while many sawmillers have remained closed or operated at below capacity and have seen their stocks fall to critical levels.

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