Plywood prices on uptrend


Going up: Ta Ann expects higher demand for its plywood products.

KUCHING: Japanese companies are paying more for imported tropical plywood products, including those from Malaysia, due to strong demand and falling inventories.

The Japanese market has reported tight supply of south sea (tropical) plywood as shipments of ordered plywood from Malaysia and Indonesia have been largely delayed by log supply shortage in these countries, according to the Japan Lumber Reports (JLR).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , plywood , Ta Ann , prices , Japanese , inventories , timbre ,

   

Next In Business News

Industrial projects look increasingly attractive
Yew Lee expects to return to profitability on wider customer base
Changing office space requirements
Fed dampens hopes for rate cut
F&N to use cost management measures
Demand for co-working space remains resilient
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read