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December 11, 2018

China regains share in US plywood market

US imports of hardwood plywood fell by 9% in September with an across-the-board decline in both volume and value, the exception was China.  Import volumes from China increased 29% in September, slowing a prolonged slide. Yet, hardwood plywood imports from China still trail 2017 imports by more than 75% year-to-date.  Meanwhile, imports from Indonesia, Vietnam and Malaysia all fell in September, yet those countries are all well ahead in for the year as they capitalise on the lost trade from China.  Due to rising prices, the value of plywood imports ...

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