So, what caused the current timber import price drop in China and how long’s it going to last for? The drop can be attributed to a number of reasons. The Chinese market is very sentiment driven so any negative sentiment generally leads to reductions in price. It appears demand has significantly reduced in a period where seasonal demand is usually starting to ramp up. Trying to get any meaningful information around demand is very difficult as everyone has differing opinions and data sources, however, the general consensus is a vastly reduced offtake from most Chinese ...
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