France: Log prices hit record highs, but sawn timber lags behind
In economics generally, markets can turn around as quickly as they climbed. Past trends show that too sudden and too sharp an increase in raw material prices can become difficult for the downstream sector of semi-finished or finished processed products to bear. This can then result in a significant phase of decline. Examples show that the French forest-wood sector is no exception to this rule. In the early 2000s, beech, which had reached peaks due to Chinese enthusiasm, completely collapsed. More recently, the post-Covid surge was followed by a period of retraction that affected many species ...
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