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June 28, 2020

European spruce supply to China disrupted by container shortage

  China will receive more and more spruce from European forests, which are currently destroyed by storms and bark beetles.  However the logs are transported by container. Due to insufficient demand for Chinese products by European consumers, there are currently few European containers.  When European consumers' demand for Chinese products increases, the volume of containers will increase and the supply of spruce will resume.  Global demand for wood products may take longer than China's domestic demand to recover. If China's domestic demand does not increase substantially, then with the increase in ...

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