Chinese processing companies demand price reductions
The strong euro is becoming a serious problem for beech sawmills
Throughout the spring and summer, the euro has steadily become stronger against the US dollar and the Chinese renminbi (yuan), reaching multi-year highs against both the US dollar and the yuan at the end of June. As a result, the issue of the exchange rate has become even more present, after having been raised repeatedly in April and May in overseas exports to both the East and West.
