Following an extraordinary year for the timber industry, Timber Development UK has released a market statement to provide greater clarity on the current supply and demand situation.
Following an extraordinary year for the timber industry, Timber Development UK has released a market statement to provide greater clarity on the current supply and demand situation.
Just as there appeared to be a return to some form of ‘normality’ on the horizon, an illegal invasion of Ukraine by Russia has brought any sense of potential calm in the market to a halt by ensuring that supply will remain tight and prices firm for the foreseeable future.
A joint market statement from the Confederation of Timber Industries (CTI) and Swedish Wood points to a likely easing of supply tension in the timber market as the pandemic eases.