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October 2, 2020

EU plywood trade cautious, but recovery faster than expected

EU plywood trade cautious, but recovery faster than expected

It’s still too early to say for sure, but it’s variously estimated by European plywood importers and distributors that the Covid-19 pandemic will slice 10-20% off their 2020 bottom line.

Trade has since seen a bounce back, varying in degree from country to country, but companies don’t expect it to make up for the sales lost when the health crisis first hit.

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