As the year has progressed, the European plywood sector has become increasingly depressed. That’s the consensus among a number of leading importers and distributors. In the words of one company, the market faced a ‘perfect storm of negative factors’.  There has been a steady draining away of end-user and consumer confidence, buying, as a result, has become increasingly piecemeal, with forward ordering evaporating and prices have fallen across the board, in the case of certain products up to 40%.  Many European buyers are heavily stocked and bad debt is reported on the ...