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According to the market feedback, the price of African plate has remained stable recently. Among them, the varieties with the largest shipments are small zebra, red horse, yellow rose and black sandalwood, etc., which have been in the market with better shipments since February.
Early spring February, full of vitality, products are spring. Shandong Yantai Port Penglai Port Company in the development of characteristic business precision to fight hard to improve the battle, constantly improve the comprehensive service capacity, in January wood cargo throughput increased by 260% year on year, showing a strong momentum of development.
The global wood industry is poised for solid growth in the next few years with the market expected to hit $903 billion in 2026, thus registering a compound annual growth rate (CAGR) of 7.2%, said a report released ahead of Dubai WoodShow (DWS).
According to insiders in China, since this year, the domestic timber manufacturing industry has continued to increase its demand for log imports, which can be seen from the data of major domestic log import ports.
In midsummer July, in Xi'an International Port Station, the construction of the "Belt and Road" Timber Trading Center project is being accelerated.