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June 26, 2018

EU plywood demand cautiously forecast to upbeat 2018’s prospects

  Looking to the future, despite recent supply issues and price hikes, EU importers say that they remain cautiously optimistic to upbeat about prospects for the rest of the year.  Demand in coming months was variously predicted to be ‘stable’ to ‘robust’ and customers are reported to be broadly accepting the reasons for price rises.  “When they see it’s across the market and effectively out of our hands, they pay the increase,” said one company.  Supply from Asia is also expected to improve as the dry season improves raw materials flows and ...

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