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April 23, 2020

Shortage of imported timber throws Chinese wood industry into panic

The demand for imported wood in China's wood products industry has gradually recovered. However, on the one hand, overseas coronavirus crisis which occurred in many countries and spread rapidly determined the  governments of various countries to adopt anti-epidemic measures such as home working and border closure, which affected timber harvesting and transportation.  On the other hand, Chinese domestic timber processing factories are currently in panic due the shortage of imported timber caused by the pandemic. When the price of imported timber bottomed out in 2019, the factory actively stocked, causing prices to rise, ranging from 100 ...

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