Forestry was one of the industries first hit as the economic impacts of the COVID-19 pandemic reverberated around the world causing chaos in global supply chains.
But according to Malcolm Burns, founder of South Island-based forest procurement company Forest Distribution & Logistics (FDL), things are starting to look up for the sector now.
"The results of COVID have actually meant somewhat of a vacuum in the market, especially around export. This has meant the demand has risen recently and we're finding that prices have come through to quite a significant peak at present," said Burns.
"That market opportunity will probably stabilise closer to the end of the year and maybe slip a little, but certainly COVID has had some positive impacts on that position in the market."
Listen to the full interview.
This article was created for Forest Distribution & Logistics.
