China’s hunger for wood raw-material pushes timber prices upward, increasing the importation of logs and wood chips to record levels in 2010, reports the Wood Resource Quarterly
The forest industry in China is continuing its expansion, and with limited domestic timber resources, importation of logs and wood chips are at an all-time high, especially as tight supply of domestic logs has increased local log prices to new highs in the 2Q/10, according to the Wood Resource Quarterly.
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