The influence of depreciation on plywood export

For recent period, Chinese currency CNY is keeping depreciating sharply. This is a good news for all the plywood exporting company.

It is a long period for CNY's standing climbing in the past half year, the African countries and the southeast Asia countries are becoming the main exporting force to instead of China. So the exporting of plywood are facing harder and harder situation not only the currency appreciation but also the higher labor cost and raw material.

Now the good news of depreciation makes the Chinese suppliers of plywood can lower the price to compete with vietnam and indonesia etc. and attract  more buyers from Europe and American. Likewise the plywoods made in china can also attract more buyers even from Africa those are in the huge demand of construction materials like the building stone, ceramic, steel and wood building template including film faced plywood, formwork H timber beam, LVL scaffolding plank etc.

As one of the most important part of the structure of building template, film faced plywood is more and more popular used as the formwork panel. The prospect of the plywood exporting will be more and more better with the depreciation.