The supply of both New Zealand radiata pine as well as European spruce is reducing in China due to a lack of containers and some shipping lines have stopped shipping to China due to the Covid-19 disruptions to the supply chain; Logs are currently locked in ports due to the lack of machinery and people, and logs are even stacked in carparks; The asking price for logs has increased sharply as log traders look to cover their increasing transportation costs. The log inventory of 6.9M m3 ...
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