Shaken and stirred

January 22, 2021. – Global cargo shipping is mixed up. Covid-era people need new stuff when staying and working at home. These consumer products come from Asia, and that impacts on trade flows. Soaring sea freight prices are disturbing the business. Empty containers are laying in the wrong locations. Even by paying a high price, you don’t necessarily see your goods shipped in time.

In plywood manufacturing, wood and labour are the primary cost elements. Chemicals and energy are the next runner-ups. In different countries, the cost cocktail varies. If container shipping by sea is needed, freight costs have become a significant ingredient. It might feel funny to pay more for transport than wood.

Plywood is a frequent traveler. The longer sea shipping turbulence continues, the larger are the implications to global plywood flows.