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July 26, 2018

Chinese plywood prices on a downward trend

Plywood prices in the Chinese domestic market have been falling recently. When questioned dealers said that prices have been heavily affected by the ‘off-season market’ this year and that the number of orders was far less than in the first half of the year.  As a result of the decline in prices many businesses launched promotional campaigns to generate cash flow.  Industry analysts say the current ‘off-season’ downturn is more obvious this year and has been exacerbated by the continued pressure on construction companies by environmental protection departments and that this has dampened demand ...

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