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August 8, 2022

Germans are stocking wood in the middle of the summer as gas supplies remain tight

The recent frequency of the German word Versorgungssicherheit (supply security) shows that Germans are worried about insufficient stocks. During the epidemic, Germans were worried about toilet paper supplies, recently they've switched to energy, and now even wood.  There are signs that Germans are hoarding wood in the mid-summer of nearly 40 degrees Celsius. German households may switch to wood for heating this winter as natural gas supplies remain tight, Deutsche Bank said in a recent report. Another statistics shows that in the first quarter of this year, the trade volume of German timber increased by nearly ...

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