Chinese exports of plywood, wooden furniture crash in Q1/2020
According to China Customs, in the first quarter of 2020, China’s plywood exports were 1.85 million cubic metres valued at US$787.6 million, a drop of 85% and 82% respectively over the same period in 2019. The main markets for plywood exports in the first quarter were the Philippines (131,000 cu.m), UK (129,000 cu.m), Japan (125,000 cu.m), UAE (111,000 cu.m), Vietnam (105,000 cu.m) and Saudi Arabia (104,000) all of which were significantly down year on year. First quarter plywood imports were 35 ...
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