Southsea timber market slow but expected to turnaround
Dec 04, 2008. /Lesprom.com/. Due to the recent closure of a Japanese factory using Southsea logs for plywood lumber manufacturing, Southsea log imports had virtually stopped during the month of September 2008. However, with the expectation that plywood production would be restarted by another company in Japan, Southsea log imports for plywood were expected to pick up when the company started operating.
Dec 04, 2008. /Lesprom.com/. Due to the recent closure of a Japanese factory using Southsea logs for plywood lumber manufacturing, Southsea log imports had virtually stopped during the month of September 2008, ITTO reported.
However, with the expectation that plywood production would be restarted by another company in Japan, Southsea log imports for plywood were expected to pick up when the company started operating. While supply was not scarce for logs in October 2008, even though it was the rainy season in the Southsea region, there were signs that Sarawak and Sabah were experiencing problems sending and extracting logs for export due to the weather. In October, the yen had strengthened and global suppliers were increasing offers to Japan.