Is it luck or disaster?Tight supply of Vietnamese eucalyptus veneer core plywood

Is it luck or disaster?Tight supply of Vietnamese eucalyptus veneer core plywood

Supply of Vietnamese eucalyptus plywood for exporting to the USA is getting tight .

In Vietnam, construction of large plywood mills by the Chinese capital has started one after another. In September a plywood plant with monthly production of 55,000m3 has started operation near Hanoi and another one with monthly production of 52,000m3 is to start up near Hanoi.

These plants purchase eucalyptus veneer in large volumes as raw material so smaller plants manufacturing for the USA markets are not able to have enough venee .

The large plants use both eucalyptus and acacia veneer but a majority use eucalyptus. Manufactured products are interior materials for kitchen cabinets nad furniture materials for the US .

Purchase competition of raw material veneer pushes plywood prices up , and further increases are expected.

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