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July 3, 2024

Versowood’s CEO: The sawmill industry expects the Japanese yen to strengthen and exports to pick up

Japan has been the largest export market in euro terms for Versowood, Finland's largest private lumber producer, in recent years. - Now we are waiting for the Japanese yen to strengthen, which would stimulate exports. The yen, which has weakened by a third, has reduced Japan's exports and increased the country's own use of lumber. I believe that when the yen strengthens, the export of lumber and wood products will normalize, says Versowood CEO Ville Kopra.    ''We have been actively trading in Japan for 25 years. Today, Heinola and Hartola's glulam factories that ...

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