Rising prices for birch plywood

Fuente:
ITTO
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6230
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Prices for birch plywood from Europe and Russia have been rising during 2014. Finnish and Latvian producers report good order files and lengthening lead times for European customers. Russia's birch plywood mills have increased prices in response to robust domestic and US demand and rising demand in Western Europe.

There have also been log supply problems following wide temperature fluctuations which disrupted harvesting operations during the winter months. The rise in FOB prices for Russian birch plywood come on top of an increase in import duty from 3.5% to 7% on Russian deliveries into the EU from 1 January 2014.

Despite rising prices, lead times for new deliveries of Russian birch plywood already extend into July. This may encourage more European importers to switch back to Indonesian meranti plywood which has lost share to Russian birch plywood in recent years.

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