Daily updates on the state of the timber markets, delivered straight to your inbox.

April 15, 2021

Lack of raw materials threaten wood prices in Vietnam

As global supply chains were affected by the Suez Canal incident, the supply issues for raw materials for Vietnam’s export wood processing were further exacerbated.  “Raw material prices have increased by 10-25 per cent since July last year, depending on the source of imports,” said Nguyen Liem, general director of Lam Viet JSC – a manufacturer of wooden chairs, boards, and beds for the US and UK markets.  The Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development estimated the import value of wood and materials at $696 million in the first ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Billing Method
Billing Address
Checkout Now

Newsletter

Daily updates on the state of the timber markets, delivered straight to your inbox.