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The import value of tropical wood and wood furniture into the UK in the opening four months of this year were at an unprecedented level of US$565 million. That is 36% more than the same period in 2021 when imports were also high following a strong rebound after the downturn during the first COVID lockdown in 2020.
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The April FOB prices for okoume remain at the same level as in March, however, producers have signalled rising enquiries from importers for the Chinese market and some exporters have secured a € 5/m3 increase in FOB prices for sawn okoume. Bad weather in Gabon and Congo
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The German producer price indices for oak held their previous month's level in February 2021. On average, the index value corresponded to that of January - 115.3 points. A qualities decreased by 9.1% to 86.2 points, while B quality gained momentum (+ 3.3% to 117.3 points), especially in the 5 m length
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The German producer price indices for beech showed a slight upward trend in February 2021. After a sharp drop in January, the index value climbed by 2.1% to 101.7 points on average. B quality made up 1.9% compared to the previous month - score: 104.2 points. The index for 3 m lengths rose by 6.3% to
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After a lull in 2020 - mainly due to the effects of coronavirus pandemic - the prices of oak logs in France are now clearly on the rise. At the recent National Forests Office (ONF) auctions, prices climbed an average of 15% year-on-year ...
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Softwood sawnwood prices in the U.S. rose by 27.4% in September, leading the overall price index of materials and components for construction up 2.1% from August...
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We must face the facts, there are few reasons to rejoice today on the hardwood market. This is the case with crushing where, at the first public sales after Covid-19...
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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.
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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
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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
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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
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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
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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
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This index contains the most update prices of logs and lumbers from the two major timber distribution markets in China: Shanghai Furen Timber Market and Guangzhou Yuzhu Timber Market...
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