Quarantines and extended holidays aimed at stemming the spread of the coronavirus in mainland China are also threatening international log trade. Log exporters in New Zealand are preparing for an extended downturn in demand in China as precautions taken to stop the spread of the virus disrupts the forest products supply chain. Some forest owners are reportedly reducing harvests levels in anticipation of weaker export volumes.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.