The Coronavirus Has Not Stopped the Global Trade of Forest Products
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A closer look at the March 2020 trade data, the first "Coronavirus month", reveals that global trade of lumber, logs, wood chips and pulp increased in March as compared to the previous month.
The following snapshot illustrates a few interesting examples from the WRQ of positive developments in the forest industry sector from February to March this year:
In the coming months, numerous countries around the world are planning to ease lockdown policies and loosen the rules that are restricting house constructions, international commerce and consumer shopping. These changes may further benefit many companies in the forest industry sector. However, expect a rough road ahead.
Interested in wood products market information from around the world? Please consider subscribing to the Wood Resource Quarterly (WRQ), a 56-page report, established in 1988 and with subscribers in over 30 countries. The report tracks prices for sawlog, pulpwood, lumber & pellets worldwide and reports on trade and wood market developments in most key regions around the world. For more insights on the latest international forest product market trends, please go to www.WoodPrices.com
Contact Information
Wood Resources International LLC
Hakan Ekstrom, Seattle,
USA
[email protected]
CONTACT:
Wood Resources International LLC
Hakan Ekstrom
[email protected]
www.woodprices.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/wood-resources-international-llc/r/the-coronavirus-has-not-stopped-the-global-trade-of-forest-products,c3146919
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