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September 24, 2019

Weak market for US hardwoods in China

Weak market for US hardwoods in China

In September, the market trend of US hardwood still shows no obvious improvement in the Chinese market. 

Some Chinese merchants said that although the popularity of the US hardwoods has rebounded recently, with exports such as ash, red oak and other market slightly increasing compared with the same period of last month, the business pressure is still huge, in part due to huge inventories but also because of the trade war between the two countries

Unprofitability has become the norm, many Chinese buyers complain. 

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