Japan Wood Products
Prices
Dollar Exchange Rates of
29th May. 2009
Japan Yen 95.27
Reports From Japan
Japan’s lumber imports fall sharply in 2008
Japan Lumber Journal (JLJ) reported that Japan’s imports
declined by value for the first time in three years. The total
value of lumber imports was JPY1157.9 billion yen, a
17% drop from 2007. Southsea lumber and plywood,
Russian logs, Chinese lumber, plywood and laminated
lumber and other products fell dramatically, by 31%, 47%
and 13%, respectively.
Plywood manufacturers seeking alternatives to Japanese markets
Japan Lumber Journal (JLJ) noted prices for plywood
remained strong, particularly because there still remains
disagreement over shipping prices with Southeast Asian
countries. As a result, producers in Indonesia had been
turning their attention to the Middle East and India.
Malaysia has sent over 70% of its ships with timber to
South Korea. JLJ indicated that inquiries from South
Korea and the Middle East had been increasing during the
third week of May.
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