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There has been a noticeable halt in the declining prices of domestic logs and lumber in Japan during mid-May. The prices of laminated whitewood posts and laminated cedar posts, which are competitors to KD cedar posts, have reached their lowest point, leading to controlled inventory of imported lumber
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In July several Fordaq members allowed us to take a glance at the current price levels and spans of popular wood assortments that find their way to China via importers. As volatile as all of these trends are, they should, of course, only give a hint and are not to be taken compulsory
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For the Chinese timber import market, the start of 2021 can be described as spectacular. The prices of most wood species have shown a state of skyrocketing. This is quite rare in recent years, especially for prices of imported European spruce and New Zealand radiata pine logs, which have increased to a record high...
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In June India is confronted with softwood prices that are now even higher than in December 2020 – where they have been 25-30% above the norm. Now allmost 350 €/m3 for pine have gotten standard and prices from New Zealand are as high as from Europe. Plywood prices are
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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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Pakistan is experiencing a major economical imbalance caused by the Corona virus pandemic. The country was suffering from issues even before due to depreciation of Rupee; now the situation has further deteriorated. Today 1 US-$ equals around 160 Rupees. As Fordaq experts anticipate, in a few
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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...
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Wood and wood products exported from Vietnam comprise wooden furniture, woodchips, wood-based panels and wood pellets. In recent years, Viet Nam has emerged as one of the world’s top woodchip exporters...
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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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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.
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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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Demand for teak has fallen reflecting end-users concern for the economy and due to the annual monsoon during which time sales regularly slip. Because of this importers cut back on plantation teak purchases. Over the past month a new plantation teak supplier has emerged, Angola which recently shipped a small consignment (357 cu.m) of plantation teak logs worth US4,461
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This index contains latest updated 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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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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