Prices of wood falling sharply in Germany in the coronavirus crisis

Prices of wood falling sharply in Germany in the coronavirus crisis
The price of roundwood in Germany has collapsed sharply and is causing financial hardship for German forest owners. But one industry is not directly affected by the low wood price: pellet production – and this creates opportunities.    Storms, drought, bark beetles, and now the coronavirus crisis are putting German forest owners under increasing pressure. A large amount of storm-damaged timber has saturated the market, causing the price of wood to collapse by more than half in some cases.    The Bavarian State Forests have therefore opened their wet storage facilities for private and ...

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