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ABC News
ABC News
Business

Demand for woodchips slowing as China reopens door to Australian logs

China Australia
Slowing global demand is expected to impact woodchip exports from the NT's Tiwi Islands. (Supplied: Midway Limited)

On the day China confirmed it had lifted its ban on Australian timber imports, the share price of Australia's largest woodchip exporter was starting to fall.

Shares in Midway Limited dropped 11 per cent on Thursday and fell a further 7.5 per cent on Friday to finish the week at $0.74 a share.

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