China's Industry Throttles Demand for German Oak
Oak log exports to China show a heavy drop in the August figures of the German federal statistical office Destatis. In August, Germany exported just 400 cbm Oak to China, a decline of 88% from the previous year. Demand of the timber industry in China has dropped sharply. Volumes intended for export in the hardwood season 2010/2011, were still offered to German sawmills in the past few weeks.
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