Plywood prices on steady rise due to supply shortage


Sarawak exported about 345,943 cubic metres of the panel products worth RM658mil (free on board value) in the first four months of 2021.

KUCHING: The export prices of Malaysian plywood to Japan have been on a steady rise since late last year due to supply shortage.

Some local suppliers like Shin Yang Group had stopped taking new orders in March to clear up existing orders first, according to Japan Lumber Reports (JLR).

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Malaysian plywood , Japan , export

   

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