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Importers buying more plywood in China in advance of Chinese New Year celebrations

Cargo rates have risen to an average of US$800-1,000/40ft container

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Published in issue 50/2015
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Several importers in Western and Central Europe have started to stock up on Chinese plywood in recent weeks. Importers said that they needed to build up their inventories in order to bridge production stoppages lasting several weeks in China for Chinese New Year festivities, which begin in February. Most importers had ...

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