Overall the year 2010 was probably a better year for the European trade in tropical hardwood than 2009, but purchasing continues at levels well below those prevailing before the recession. There is still considerable uncertainty about future prospects, with widespread concern over stubbornly high levels of unemployment, public sector spending cuts and rising taxes as European governments try to bring down national debt.
Continue reading “Tropical Hardwood Demand Falls Away Again At the End of 2010 – ITTO European Market Report 14th January 2011”