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February 17, 2020

Coronavirus starts to shake to wood industry

  There is industry concern that if the virus were to infect more people in coastal towns and cities then access to Chinese ports could be restricted with little warning. Nobody knows how long and widespread the coronavirus outbreak will be and what effect that will have on any medium-term trade.  New Zealand log exporters are bracing themselves for supply chain problems in China due to the outbreak of coronavirus. Some forest owners are already reducing their harvesting rate.  The New Zealand Forest Owners Association says that the extended Lunar New Year public holiday ...

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