Global timber crisis is expected to continue for a long time
The global shortage of timber is getting worse. Due to the superposition of various factors such as strong housing demand in the United States and shortage of containers, the price of wood has generally risen, so all the industry refers to this phenomenon as the "timber crisis." Some industry insiders think that this situation will continue for a long time. In the spring of last year when the when the coronavirus pandemic began to spread, the timber futures price on the Chicago Mercantile Exchange, the world's largest futures market, once fell below 300 US dollars ...
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