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Jan 2021

Central/West Africa: Signs of orders recovering but prices easing

As businesses in importing countries adapt to working with the coronavirus risk trade has started to revive and some FOB price movements have been reported... [Mai mult... ]

Apr 2019

The teak from Myanmar, a precious wood always desired

Despite the European legislation and its Timber Regulation (EUTR) that is supposed to moralize commercial practices, the teak market remains strongly suspected of illegality. We are talking here about natural teak, that still comes from forests located in the most famous production basin in the world: Burma or Myanmar. [Mai mult... ]

Aug 2017

Central/West Africa: Producers still optimistic on Q3 prospects

Only a few price adjustments have been reported, mostly prices remain firm and unchanged. Exporters report continued good demand from China and other major markets and expect the current market stability to be maintained through to the third quarter of the year [Mai mult... ]

Feb 2017

Central/West Africa: Asian demand is lively, Western markets quiet

Central/West African producers report that all European markets are quiet and any purchases are only for replacement of stocks and tend to be for only the faster moving timbers. The weak demand in Europe has resulted in some price weakness for species which are most susceptible to even small shifts in demand. [Mai mult... ]

Nov 2016

Central/West Africa: Prices flat all round

Overall, producers report no significant change in the market situation as demand remains moderate. Prices of sapelli and sipo, as of mid-October, were weak but despite this there is still no interest from buyers in Europe or China [Mai mult... ]

Aug 2016

Central/West Africa: Exchange rates and market volatility on everyone’s mind

The slight weakness in prices for sipo and sapele was reigned in over the past two weeks and there is no news of further price movements either up or down. On all producer’s minds is what effect the turmoil after the UK referendum will have on exports [Mai mult... ]

Jun 2016

Unchanged log prices in Central/West Africa

Log prices were unchanged throughout May in Central/West Africa and show no signs of movement even though there are reports of some modest increases in demand. Over the past few months analysts note a developing trend towards demand for better quality wood products with both buyers and consumers, through their own choice, being prepared to pay a fair price for a good product rather than pursuing the lowest price [Mai mult... ]

May 2016

Central/West Africa: Steady demand but caution when it comes to raising capacity

There were no price movements for either logs or sawnwood over the past two weeks in Central/West Africa as international demand remains steady with no moves by either buyers or exporters to disrupt this long period of stability. Since growth in demand remains moderate Central/West African producers say they are not experiencing supply side problems [Mai mult... ]

Feb 2016

Central/West Africa: Log prices remain stable but volumes are small

Producers in West and Central Africa report that international demand is generally dull but, for the small volumes traded, prices are still holding at late 2015 levels. Having said that, small volumes of okoume veneer logs have changed hands at prices previously seen for peeler logs. Producers also report some business in belli and okan log exports but volumes are small [Mai mult... ]

Central/West Africa: Slow rise in EU demand anticipated

For the first time this year minor sawnwood price movements have been reported in Central/West Africa, otherwise most markets are quiet and prices remain unchanged [Mai mult... ]

Jan 2016

Central/West Africa: Okoume log prices tumble from a good start in 2015

At year end it is of interest to review the way business has developed over the past 12 months in Central/West Africa. In 2015 the big loser in terms of FOB price has been okoume where log prices have fallen around euro 140 per cu.m since the start of this year. [Mai mult... ]

Central/West Africa: Little change in log and sawnwood prices expected in the first quarter

West Africa log and sawnwood prices remained unchanged through late December and into the first half of January. Producers in the region expect little, if any, change in price structures during the first quarter of the year [Mai mult... ]

Dec 2015

Central/West Africa: Low prices attract buyers to less popular timbers

Except for a few low volume ‘spot’ sales, buyers for China remain out of the market and there is no indication as to when major log buyers for this market will reurn. In response to the weak demand, West and Central African exporters have maintained solidarity by holding firm on prices and at the same time are trimming back production volumes [Mai mult... ]

Mar 2015

Myanmar: Teak prices at latest auctions

The following timber was sold by tender on 23 February 2015 and on 9 March 2015at the Yangon depot by the Myanmar Timber Enterprise (MTE). Average prices for logs are expressed in hoppus tons [Mai mult... ]

Oct 2014

Myanmar: teak and hardwood prices at latest auctions

The Myanmar Timber Enterprise (MTE) offered for sale around 7,000 tons of teak logs and baulks of various hardwoods on 26 September... [Mai mult... ]

Africa: EUTR might trigger negative attitudes towards tropical timber in EU

Producers report that demand from European buyers remains very quiet with not a hint of the usual autumn up-tick in purchases. Overall, exporters in West Africa are not at all optimistic on prospects for any growth in demand in EU markets. Current demand in northern Europe is heavily concentrated on ayous, sipo and sapele sawnwood. The slow response of some EU members to enforcement of the EUTR is attracting the attention of green activists who seem set to put pressure on authorities to ensure stricter adherence to the regulation. [Mai mult... ]

Sep 2014

Central/West Africa: Producers content with current prices in EU markets

European buyers have not yet resumed purchasing after the summer vacation period but, with the economies in the main markets in the EU looking more positive W. African producers are convinced they will see sustained business through to year end... [Mai mult... ]

Central/West Africa: European buyers stay on the side lines

Producers in West Africa report that the rather quiet but sustained demand continues with new orders flowing at a steady but unchanged pace. European buyers have not yet returned in any strength to negotiate contracts for the fourth quarter. This is a slower resumption of the autumn and winter round of purchases... [Mai mult... ]

Aug 2014

Central/West Africa: Favourable outlook for second half of the year

The demand for sapele logs and sawnwood remains firm and prices continue to climb. Over the past two weeks prices for sawn moabi and movingui have also shown signs of firming on the back of active buying for the French market... [Mai mult... ]