Can’t Replace the Supply of Plywood-based Panels in China
Vietnamese plywood enterprises not only face the strong competition of Chinese plywood enterprises directly, but also face the cash flow problem because the price of plywood continued to fall in the early period. Even if Vietnamese and American enterprises cooperate and put into production, they will not be able to change the current situation of the global plywood industry in the short term, nor will they be able to leave China out of the import system of the United States.
The cooperation between the plywood enterprises of the two countries does imply the intention of the United States to maintain the supply source of plywood outside China, that is, in view of the geopolitical influence, the plywood of the United States can not be totally controlled by others.
“China has great strength in this battle. They know more about the supply chain than we do, and how these materials provide power for our furniture manufacturing and building materials market. In this regard, China has an undisputed advantage.
” Some American importers of plywood business leaders said.