Plywood consumption in Japan down 8.9% in October
Dec 24, 2010. Plywood consumption in Japan during October was 452,600 cubic metres, down 8.9% from October 2009, and 9.4% less than recorded in September 2010.
Dec 24, 2010. /Lesprom Network/. Plywood consumption in Japan during October was 452,600 cubic metres, down 8.9% from October 2009, and 9.4% less than recorded in September 2010, ITTO reported.
October plywood imports amounted to 223,800 cubic metres, the lowest level this year and around 40,000 cubic metres less than the monthly average during 2010.
The major cause for the overall fall is that plywood imports from Malaysia plummeted 42% compared to October last year. The main factors for the curtailed plywood supply are the log shortage and the appreciation of Malaysian currency against the US dollar.
However, October plywood imports from Indonesia amounted to 72,000 cubic metres, up 20.4% compared to October last year.