Japan's plywood imports in October down 19.2% on year
Dec 17, 2009. Total plywood availability in Japan during October was 12.3% less than October last year but up 9.4% over September levels. Plywood imports in October were 274,788 cubic metres, 19.2% less than October last year but 11.9% more than September.
Dec 17, 2009. /Lesprom Network/. Total plywood availability in Japan during October was 12.3% less than October last year but up 9.4% over September levels, ITTO reported.
Volumes of imported plywood were more than expected and on top of this, domestic production increased by 6.4% from September.
In particular, softwood plywood production was 190,000 cubic metres, 7.4% more than in September, The figure for October was the highest monthly production since October 2007 but sales dropped to 168,000 cubic metres, down 4.1% which resulted in a big jump in inventories. The end of October inventory was 207,000 cubic metres, 12% more than
for September.
Plywood imports in October were 274,788 cubic metres, 19.2% less than October last year but 11.9% more than September. With rising production, weak demand and increased imports inventories are seriously out of step with
demand levels.