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October 24, 2017

Malaysian plywood prices on an upward trend

Malaysian plywood prices on an upward trend
Due to a strong demand for tropical plywood products, Japanese companies are paying more money for these wood products, including those from Malaysia.    As The Star reported, the Japanese market has reported tight supply of south sea (tropical) plywood as shipments of ordered plywood from Malaysia and Indonesia have been largely delayed by log supply shortage in these countries, according to the Japan Lumber Reports (JLR).    “Delay of shipments is about three to four months now, and port inventories are down in Japan while the demand continues to be strong,” revealed International ...

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