Plywood prices likely to go up, Malaysians firms to gain

KUCHING: The prices of Malaysian plywood products in the Japanese market are expected to increase if the yen remains weak, according to an International Tropical Timber Organisation (ITTO) report.

Last December, offer prices of 12mm concrete forming panel by Malaysian plywood suppliers were US$450 per cu m C&F (cost and freight) and US$510 to US$520 on 3x6 JAS coated concrete forming panel. The prices were US$10 higher per cu m compared with those of last November.