The 'positive impacts' COVID-19 has had on the forestry industry

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.