Japan: Domestic prices for plywood are bottoming
Asia Observatory

06 April 2007

Japan: Domestic prices for plywood are bottoming

In contrast, the market for imported plywood had been deemed as “bearish” due to adequate stocks. However, discounted products are gradually disappearing from the Japanese market due to stock adjustments. The decline of domestic prices for tropical plywood seemed to be bottoming out in late March. In Southeast Asia, exporters continued to hold plywood prices firm on the back of increasingly expensive logs.

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