The trade friction between China and the United States has been on everyone’s mind in 2018, especially manufacturers which rely on US hardwoods as raw material for their production.
The immediate impact of the trade conflict has been the decision in China to raise import duties on US timber which has pushed up landed costs. Also, importers complain that Customs clearance is taking much longer than before which results in higher container demurrage which adds to the landed cost.
Chinese traders concerned on rising prices for US hardwoods
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
Thousands of quality articles- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
