world news - 24.07.2003
JAPAN — RISE IN PRICE FOR STRUCTURAL PLYWOOD
The Seihoku Group, the largest plywood producer in Japan, has raised prices for structural softwood plywood. The market prices of 12 mm structural softwood CD grade F 4star has gone up recently to yen 700 per sheet delivered, however mills say this level is not high enough to cover production and delivery costs. Therefore, Seihoku is proposing yen 750 for softwood structural CD grade F 4star yen 20 higher than previously offered prices. The special category of the same item is at yen 800, yen 30 higher. Thick softwood structural panel prices are also up from the same day. Plywood of 24 mm thickness F 4star prices are yen 1,800, yen 100 higher. According to the Japan Lumber Reports, demand for thick panels has been active and mill inventories are way down.
See also:
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- — Universal Forest Products, Inc. supports confidence with record results in second quarter. Net sales rise 9.4% to $552.5 million; Diluted earnings per share jump 14.6% to $0.94
- — New Pallet Production in Wales
- — Russian Far East works to improve system of timber supply and control
- — Danish Furniture Makers Report Good Growth.
