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Plywood and Veneer Prices
Plywood and Veneer
timber shipments to the US remained stable in December. Currently, the EU
market is more attractive to Brazilian producers, especially with the new
2005 quotas, particularly in the case of plywood.
plywood prices saw a strong rebound in Europe after a short period of
dramatic declines. The reasons for the plywood price recovery are linked to
the reduction of Brazilian production volumes, a drop in Chinese plywood
exports to the EU and the new EU quotas.
plywood exports rose 57% compared to the January-November period of 2003 and
this year's exports jumped to US$ 518.3 million. Similar impressive gains
were seen for tropical plywood where exports in the first eleven months of
2004 reached US$340.7 million up 55% over the same period of last year (US$
has definitely been one of the best for the Brazilian forest based industry.
Not only the forest sector seems to be gaining attention as an important
economic activity to the country's GNP but also forest products from Brazil
have been showing rising levels of quality, performance and acceptance
of Brazilian forest products in 2004 are likely to reach highs never seen
before. Pine plywood has been the main exported forest product, having led
the "Brazilian-made" trade mark to gain important markets around
on recently released data from the Brazilian Ministry of Development,
projections show that the total exports of pine plywood will reach
approximately 1.9 cubic metres in 2004, up 26% in relation to 2003 exports.
This will result in earnings estimated at US$518 million, 50.5% higher than
2003 and certainly a breakthrough for Brazilian
for tropical plywood, 2004 was also a good year as well. Projections point
to total export revenues from tropical plywood at around US$372 million for
2004. In relation to the total exported in 2003, this projections represent
an increase of 51%.
Except for Ceiba, prices for
core ply have been increased.
The above prices are for full
sized panels, falling sizes minus 15%.
Prices for some species have
Grade AB/BB would attract a
premium of 5%. BB/BB would be 5% less, C/CC would be 10% less and CC/CC
would be 15% less.
Panel Product Prices
the lawsuit, the Brazilian industries claim that the low prices of the
Argentine products are causing financial losses. According to ABIPA
vice-president, a 42.8% dumping margin has been verified.
the same time, Brazilian industries registered a drop in sales of 4%. If the
Brazilian government confirms the dumping claim, tariff barriers may be
imposed on the Argentine products.
accused companies claim that they are following the commercial practices
established by Mercosul and deny dumping their exports.
main Argentine argument is that the exported volumes do not interfere with
the participation of Brazilian producers in the market and that an eventual
blocking might lead to a shortage of raw material for the furniture industry
is actually the only concern expressed by the furniture industry, which
could be forced to make new price adjustments in 2005.
of Added Value Products
Prices have remained stable
since June 2004
Grade 2 less 5%, Grade 3 less
CopyRight 2005 Global Wood Trade Network. All