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2020-07-31
It will take some time for global demand for wood products to recover
Global demand for wood products may take longer than China's domestic demand to recover. If China's domestic demand does not increase substantially, then as the global supply of logs increases, inventory levels will rise rapidly.
However, as countries around the world get rid of their own blockades and economic recovery, we are also keenly seeing the increase in global log supply relative to demand for wood products. Currently, global log supply seems to be growing faster than demand, but this situation may change soon..
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