Overall market conditions for tropical wood products in Europe remain very subdued. There continues to be uncertainty over the sustainability of economic recovery now that government stimulus measures are being removed and austerity measures are being introduced in an effort to calm market concerns over the level of public debt. The construction sector – particularly new residential activity – also remains very weak across the continent.
Continue reading “Continuing Uncertainty in the European Market – ITTO European Market Report 30th June 2010”UK Plywood Importers Maintain Low Stocks Despite Rising Prices – ITTO European Market Report 15th June 2010
The latest TTJ report on the UK plywood market notes that CIF Europe plywood prices from just about all sources – including both hardwood and softwood product – have increased over the last couple of months. In normal times this would generally encourage more buying as importers try to avoid having to pay more later and seek to exploit a rising market.
Continue reading “UK Plywood Importers Maintain Low Stocks Despite Rising Prices – ITTO European Market Report 15th June 2010”