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Timber Price Rise in 2023 Contributing to the Survival of the Fittest in the Industry

2021-12-29

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The price increase is not a sudden phenomenon. It was a sign a few years ago, but it has become more and more intense in recent years. There are three main reasons for it:

First, the demand for timber market is huge and expanding; second, the supply of timber is shrinking; third, timber operators shift part of the operating pressure to timber prices when the cost of manpower and material resources rises. In short supply and mixed with timber traders, higher timber prices became a foregone conclusion.

 

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