Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
Wood products industry to break production records due to high demand
Posted on November 3, 2021 |
- In 2021, wood products will break production records by 18.9 million cubic meters despite low pressure, after massive global demand
- The demand for wood products has slowed down for now but it will subdue the economic recovery in Europe and China
- Container shortage, high freight, raw material, and energy prices hamper development in the economy and drive inflation.