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February 12, 2020

Coronavirus: Chinese timber markets still closed; return to normal operations postponed

  • Affected by the coronavirus epidemic, timber markets around China chose to postpone the return to normal operations. According to various sources, it is expected that the return to normal operation of the Chinese timber markets will be after March.

1. Yuzhu Wood Market

Due to the coronavirus, the local committee of the Yuzhu market in Dongguan had strict epidemic prevention and control. Although Yuzhu Wood Processing Trading Center resumed work on February 10th, the market is affected by this measure because there are restrictions on the entry of foreign personnel into the trading center, market transactions were still stagnant.

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