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| Economy |
| Turmoil in the Middle East creates a lumber buying buffet for China |
| 2013-09-25 |
| Very informative background information on how the turmoil in Egypt and Syria (and other ME destinations) affects lumber market in ME. There is a huge amount of lumber that used to go to Egypt that is redistributed to the ME, but turmoil there completely messed up that market. Now China is becoming a big market that is replacing ME destinations. War has lots of unintended consequences. In this case, for Russia, Canada, and the US. |
| Posted by:Alaska Paul |
| #1 In China, the lumber is used to build structures that will burn down or collapse in earthquakes / floods / storms. In the middle east, the lumber is converted directly to sawdust to make filler for the subsidized bread...
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| Posted by: M. Murcek 2013-09-25 17:56 |