2011 US cork plate market is still relatively weak

The first quarter of the year has passed, and the German hardwood board market is delighted. The hot demand has driven the entire market and prices have begun to rise. As early as last year, there were individual businesses that attempted to increase product prices, but at the time, the vast majority of market participants believed that this was unlikely to be achieved. This year, as market demand has increased dramatically while production has been reduced, prices have risen and buyers are willing to accept it.
According to relevant sources, the German hardwood board market has returned to the buyer's market.

According to local information, until the end of March, the US cork sheet market remained relatively weak, and European suppliers attributed this to seasonal reasons. In February, several states in the United States experienced heavy snow conditions, and most of the outdoor construction projects were blocked, resulting in weak demand.

European suppliers stated that they do not expect the market to recover significantly in the short term because the construction of outdoor buildings in the United States has not been fully restored.