Japanese imports of plywood rebound in February
2007. Plywood imports rose strongly to JPY 25.5 billion ($212.9 million) in February, up 64.3% from a year earlier.
May 09, 2007. /Lesprom Network/. Plywood imports rose strongly to 381 000 cubic meters worth JPY 25.5 billion ($212.9 million) in February, up 15.2% (up 64.3% in value) from a year earlier, ITTO reported. This was the eighth consecutive monthly growth and one of the strongest in the last months. Imports had slowed down in January after large volumes were imported during the last half of 2006. By import source, 196 000 cubic meters came from Malaysia (up 8.3% and 51% of the imports), 124 000 cubic meters from Indonesia (up 11.3%) and 50 000 cubic meters from China (up 72%). The share of imports on total plywood supply rose 3.1 points to 59.1% from the previous year.