European hardwood sawmills face mounting pressure in China
European hardwood sawmills, particularly those supplying beech lumber, are under mounting pressure from Chinese buyers to reduce prices. The calls for price cuts have intensified in recent weeks as the euro continues to appreciate against both the US dollar and the Chinese yuan, weakening the price competitiveness of European products in global markets. Over the past few months, the euro has steadily gained in value, reaching levels not seen in several years. For buyers in China, this currency movement means that European hardwood products, which are already perceived as premium, have become significantly more expensive in local currency terms ...
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