M’sian plywood prices on uptrend in Japan

KUCHING: Malaysian plywood prices are on the uptrend in the Japanese market after posting double-digit gains last year.

Sarawak plywood mills have proposed a 5% to 6% increase in this month’s shipment. The revised export price is about US$600 per cu m (C&F) on 3in x 6in (3x6) JAS coated concrete forming panels and between US$520 and US$530 per cu m (C&F) on uncoated concrete forming panels.