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July 2, 2020

Serious interruption of Chinese plywood supply to Europe

Serious interruption of Chinese plywood supply to Europe

On supply, some interruption was reported out of Indonesia and Malaysia due to the lockdown; some factories reported to have closed for several weeks, others reduced output. But the major issue was with the Chinese product. The combined effects of Chinese New Year and pandemic saw shipments dry up.

The impact was partially softened by lower demand in Europe, but companies still report they are coming close to selling out.

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