Japan's plywood imports down 9%
Aug 09, 2010. The total plywood supply in Japan during May was 480,545, up 28% from May 2009 but 9% less than recorded in April 2010. May plywood imports declined 11.8% from previous month to 266,300 cubic metres.
Aug 09, 2010. /Lesprom Network/. The total plywood supply in Japan during May was 480,545, up 28% from May 2009 but 9% less than recorded in April 2010. May plywood imports declined 11.8% from previous month to 266,300 cubic metres, ITTO reported.
From the beginning of the year, plywood imports from Malaysia and Indonesia are at the same level compared to last year while imports from China are 71% more.
Log shortages in the producing countries and the resultant increase in plywood prices are the main factors for low tropical plywood supply and the market in Japan is not ready to accept the increased prices.