Incoming wall of wood threatens local processors

Tue, 03 Nov 2020

New Zealand needs to get ahead of a wall of subsidised wood products heading this way as overseas players shore up their processing industries in response to the covid-19 pandemic, local manufacturers say.An export log ban announced by Russia a month ago is the latest in a string of measures that are going to drive “major shifts” in the direction of wood product flows out of China and Europe, said Jon Tanner, chief executive of the Wood Processors and Manufacturers Association.The Russian ban, proposed from January 2022, will reduce...

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