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August 5, 2021

Sharp rise in plywood prices in Europe

Sharp rise in plywood prices in Europe

In terms of source of plywood supply in Europe, China is reported to be keeping up with demand, albeit with longer lead times, but prices have been rising increasingly steeply.

“In the first quarter increases were moderate, but in Q2 we’ve seen rises of 15-20% F.O.B.,” said an importer.

“Compared to Brazilian, that’s not too bad, but when you factor in freight rates it makes quite a difference.” Chinese producers are also reported to have become increasingly assertive.

“Some are trying to renegotiate outstanding contracts,” said an importer. “For orders placed April/May they’re maybe asking for another US$15-20 per cube.

They say they’re facing rising costs for raw materials, including glues, logs and veneer.

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