Aussie woodchip industry suffers in US-China trade war

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Australia's $1.4-billion plantation woodchip industry is dragged into the US-China trade war, with a number of shipments to the Asian economic powerhouse cancelled in the fallout from the dispute.

of more than $US180 a tonne, fuelled by soaring demand from Chinese paper mills, which have overtaken their Japanese counterparts as the biggest buyers of the commodity.

Making matters worse, he said, was anticompetitive trade conduct by South American countries, which were dumping big volumes of cheap pulp on to Asian markets including China's in a bid to clear a supply glut.

 

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Also, our Prime Minister is taking tips from his mate who runs a large Q Anon account.

Was never going to be easy to get China to open-up to free & fair trade, only a US President with courage would try this.

Good stopfuckingloggingalready

Fantastic. Stop clear felling Australian old growth forest for foreign country's toilet paper. Totally unsustainable and unprofitable industry driving extinction of native animals. Employs a tiny number of people and hampers ecotourism. auspol forest habitat extinction

Theres allot of investors from great southern Timbercorp that had supposably invested in a Ponzi scheme that the banks initiated the withdrawal of funds and left thousands upon thousands of investors losing their money and also having to pay for investments for others to profit

Sorry Australia. Trump just oozes all over and destroys everything.

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