Category: ITTO Market Reports

Forward demand for meranti lumber and scantlings in the Netherlands and Germany is subdued at present due to relatively high stocks, with most business now focused on higher density more durable products. Due to low levels of demand, importers report no problems in securing adequate stock despite a major reduction in production levels in the Far East.  Forward prices for South East Asian wood products offered to EU importers have stabilised in recent weeks, the current relatively low level of demand balanced by the tight supply situation.