Country’s plywood export prices to key Japan market have firmed up

Malaysian plywood undergoes quality tests before being exported.

KUCHING: Malaysia’s plywood export prices to key Japan market have firmed up due to tight supply of logs for manufacturing activities and shortage of containers to ship the product.

Sarawak-based Shin Yang Group, Malaysia’s largest plywood supplier, has raised its export prices twice, once in December 2020 and another last month, according to the Japan Lumber Reports (JLR).