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October 26, 2020

Tighter supplies of wood in global markets expected to increase prices in the upcoming period

  • The easing of lockdown conditions in many countries are causing significant upward pressure. These include a mismatch between the demand and supply of wood, as activity in construction and other wood using sectors have returned to pre-crisis levels following lockdowns and other restrictions earlier this year, while many sawmillers have remained closed or operated at below capacity and have seen their stocks fall to critical levels.

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