Total imported plywood volume in July was 291,000m3, 6.9% less and 1% less. Monthly average import for the first seven months was 310,000m3, 2.3% less than the same period of last year.
Malaysian supply has declined for three straight months. July volume was 112,300m3, 13.8% and 3.8% less. Average for the first seven months was 130,500m3, 10.3% less than the same period of last year.
Indonesian supply in July was 93,500m3, 1.7% less and 3.9% more, two straight months’ increase.
July production of domestic plywood was 229,800m3, 6.9% less than July last year and 7.1% less than June, out of which softwood plywood was 213,300m3, 7.7% less and 7.9% less. Monthly average production for the first seven months was 223,200m3, 4.3% more than the same period of last year due to active market in the first and second quarters.
Average monthly production in 2013 was 218,900m3 then assuming 10% less for shrinking market this year, monthly production should be 197,000m3.
