Month: December 2009

Consumption of tropical hardwood plywood in Europe is now winding down for the Christmas break which is likely to be extended this year. However there has been some forward buying in recent weeks as importers have been filling gaps in preparation for the New Year. Although very few people are expecting a dramatic turnaround in consumption during the first half of 2010, there is mounting concern that temporary supply problems may arise due to short-falls in grounded-stocks.