Egypt’s: Wood imports in scarce supply, insane price increases

Egypt’s: Wood imports in scarce supply, insane price increases
Temporary imports glut. This is the accurate description of the situation in Egypt, where the late arrival of wood to Egypt due to the delay in shipment or the unavailability of the supply of wood during the previous period led to an insane increase in prices in the local market.    Here is a positive point, as the high price in the Egyptian domestic market encouraged importers to accept international wood prices and to accept high shipping prices to speed up the arrival of wood to Egypt. All these reasons led to the arrival of large quantities ...

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