UK faces softwood overstocking and falling prices

UK faces softwood overstocking and falling prices
      As imports continued to pile into the UK through September and October, the on-the-ground demand for softwood hit a brick wall leaving most stages of the supply chain over-stocked.      The downward pressure on price, although not as severe as the decline seen in 2019, has already led to evidence of write downs by some traders to liquidate parts of their inventories.    The softwood market has been trading on a high since April 2020 and the cost of softwood kept rising rapidly ...

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