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Chinese plywood prices continue on a downward path

Importers still only ordering based on demand – Sharp drop in freight rates

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Published in issue 45/2015
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The slump in replacement prices for plywood made in China that European buyers had already seen in September has continued to play out in recent weeks. On the one hand, cargo rates have tumbled from an average of USD1,200-1,300/40ft container in September to USD400-600/40ft container now. Consequently, shippers’ ...

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