Germany continued to export logs at record pace in early 2020, with almost 50% of the volume destined for China
The log market in Germany has been extremely volatile in the first half of 2020, with high demand from the export market and a tight supply of fresh green logs. When the Coronavirus Epidemic forced sawmills to close in March, domestic demand for sawlogs fell and the price increases seen earlier in the quarter reversed – resulting in both domestic and export prices falling.
Business Bounce Back
Dolphin Bay and most of our customers are seeing sales volumes return to pre-Covid-19 levels – a recovery better than we had anticipated.
New Client Patula Spots Opportunity
It’s a difficult time to enter most markets, but Patula Sawmills identified a business opportunity and acted not out of fear but confidence.
