this is a common issue with lesser quality plywood
when the log is rotary cut/peeled to create thin plies w/o loosing any wood to saw kerfs as in cutting with a saw the unrolled sheet gets really wonky
lesser quality plywood manufacturers utilize fewer plies and poorer quality glues for a given thickness
depending on which side of the peeled sheet was placed out the result is simply what you are seeing/experiencing
when building little what i call "crash boats" for kids to learn in i too have used the lesser grade of plywood primarily due to the time it takes me to drive 6hrs each way to Houston to procure the good stuff
i learned from an old NA who is a TiteBond II proponent of thoroughly coating the finished hull w/ slightly thinned TB II until the wood will accept no more in the beginning of the finishing process which helps(doesn't completely solve) w/ this issue
we finish w/ gloss latex(water based) trim paint which after being allowed to cure completely provides a really good finish
using this method i "hot coat" through out the entire process keeping each coat from curing which then requires sanding between coats
i realize it is too late in this case butt there will be others reading this thread who may benefit from seeing what can happen when using lesser quality materials
i am not saying that buying/using the good stuff will absolutely solve this problem butt the better grades of plywood have far less incidents like this one
for projects i build w/ the intention of keeping them as long as reasonably possible my goto plywood is what's called BS1088 Marine Plywood
https://www.midwestboatappeal.com/marin ... r/bs-1088/IMHO TearDrop n Tiny Travel Trailers are not unlike boats in that they are subject to extreme weather and water exposures and the best available construction materials will provide greater longevity while maintaining their beauty for the duration
if you take the time to read the above link you will see that the 1/4" good stuff is 5-ply and made up of whole sheets w/ no voids
my personal experience is that even the edges of these products can be bright finished beautifully

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just an old man's 2¢ worth on this already warm morning in Texas
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