Downward spiral in elliotis pine plywood prices has intensified in recent weeks

Constraints on the shipping front send freight rates soaring

Replacement prices for Brazilian elliotis pine plywood have continued to slide downward in the aftermath of a slump in demand and falling prices on North American softwood plywood markets that have lasted since the end of June 2021. FOB prices for exports of 20 mm C+/C to Europe have now slipped below US$400/m again. ...

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