M’sia to gain from US duties on Chinese plywood imports

milling operations at the Ta Ann factory. - Filepic)

UCHING: Plywood exporters from Malaysia and Indonesia stands to benefit from the United States’ move to impose anti-dumping duties on Chinese plywood imports.

According to the International Tropical Timber Organisation (ITTO), American buyers are fast turning to plywood imports from Malaysia and Indonesia thus creating an opportunity for these South-East Asian (SEA) exporters to raise their plywood prices.