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May 25, 2021

Uruguay: Timber exports and prices hit record high due to strong Chinese demand

  Benefiting from the recovery of the global economy, apart from the United States who has been buying wood crazily to meet construction needs, Asian countries such as China, India and Vietnam are also buying timber on an unprecedented scale. As a beneficiary country, Uruguay's timber exports this year are expected to reach a record level.  Bloomberg quoted Francisco Bonino, head of Agroempresa Forestal, one of Uruguay's forestry companies, as saying that the company exported about 160,000 cubic meters of Uruguayan pine and eucalyptus logs from the beginning of the year to mid-May ...

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