Will the timber industry turn the corner?

摘要

Covid-19 has turned the world on its head and the timber industry could not escape the carnage. The saviour of primary, extractive sectors like forestry, farming, and mining, is that they were regarded as essential services during hard lockdowns, which, at least, kept them ticking over during the worst of the crisis. The problem though, is that further up and down the value chain, many other activities were not seen as essential, and as these businesses ground to a halt, demand dropped - which affected the primary producers anyway.