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January 9, 2018

Timber prices in China forecast to rise in 2018

Timber prices in China forecast to rise in 2018
The trend for timber price index in China during 2017 was on the rise, even if it was affected by the macroeconomic regulation and control, the rising raw materials and the labor costs. Also, it is estimated that the price hike will go on in 2018.    Moreover, the raw material logs market was high, while the market of wood-based panel tended to be stable and the sawn wood market dropped slightly.    Timber market    As reported by Global Wood, starting October 2017,  the logs classification index closed at ...

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