Pressure on the European plywood market continues

Pressure on the European plywood market continues
In the first half of 2019, the European plywood sector was experiencing a tightening market and competitive conditions. In the second half, according to leading importers, not a lot has changed.    There have been indications that prices from some sources are starting to come off the floor. Overall, however, they remain depressed compared to 2018 and ‘rock bottom offers’ from Russia are felt by some to threaten any significant wider increase and to be actually squeezing product from other countries out of the European market.    The US-China trade dispute continues to ...

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