Tighter supplies of wood in global markets have increased wood prices in the last period and will continue to rise in the upcoming period. Further price increases in the wooden pallet and packaging industry are “inevitable” according to FEFPEB (European Federation of Wooden Pallet & Packaging Manufacturers) as companies across Europe and the rest of the world continue to feel the effects of the pandemic. The European association expects that sustained price increases for wood raw materials and availability problems in certain markets will put upward pressure on ...
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