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Pallet industry predicts rising timber prices for the foreseeable
23/12/2009
The pallet industry is being urged to use less timber in its pallets in response to rising wood prices in Europe.
The industry is finding it hard to survive as timber prices in Europe continue to rise. John Dye, the president of the Timber Packaging and Pallet Federation, says the pallet sector is “crying out for some stability.”
He adds that timber prices are expected to continue to rise in Europe over the coming year and should remain strong for the foreseeable future, “at the moment, we’re expecting some smaller price increases, nothing along the lines of what we’ve seen this past year. But we don’t think the price is likely to go down any time soon.”
In efforts to avoid using as much raw material in their pallets the manufacturers are now considering offering repair and reconditioning services instead of making new pallets from scratch.
“Apart from reducing the amount of waste sent to landfill, this recycling ethos enables us to minimise the impact of any timber price increases,” explained Christophe Loiseau, industry vice-president at pallet maker CHEP Europe.
The industry is finding it hard to survive as timber prices in Europe continue to rise. John Dye, the president of the Timber Packaging and Pallet Federation, says the pallet sector is “crying out for some stability.”
He adds that timber prices are expected to continue to rise in Europe over the coming year and should remain strong for the foreseeable future, “at the moment, we’re expecting some smaller price increases, nothing along the lines of what we’ve seen this past year. But we don’t think the price is likely to go down any time soon.”
In efforts to avoid using as much raw material in their pallets the manufacturers are now considering offering repair and reconditioning services instead of making new pallets from scratch.
“Apart from reducing the amount of waste sent to landfill, this recycling ethos enables us to minimise the impact of any timber price increases,” explained Christophe Loiseau, industry vice-president at pallet maker CHEP Europe.
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