US hardwood plywood imports dip in September

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Hardwood plywood imports increased 8% in September, but year-to-date imports are still lower than at the same time last year, before the US imposed antidumping and countervailing duties on plywood from China.

The US imported 181,493 cu.m. of hardwood plywood in September. The value of plywood imports declined 2% from August.Hardwood plywood imports from China increased in March, but at 65,650 cu.m. the volume was well below the monthly 100,000 to 200,000 cu.m. before the US Department of Commerce imposed the duties.

China remains the largest supplier of hardwood plywood to the US market despite the duties.

It is too earlier to assess the long-term changes of the duties on supply chains, but Malaysia has seen a strong gain in year-to-date shipments to the US (+47%). Imports from Indonesia, Cambodia and Ecuador have also increased.

Duties on Chinese plywood triggers anger and disappointment

The final antidumping and countervailing duties of up to 378.26% were condemned by the American Alliance for Hardwood Plywood, who represents US importers, distributors and manufacturers. The Alliance maintains the plywood from China is different from American plywood, and believes the duties will mainly hurt US manufacturers and consumers.

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