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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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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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This report contains latest prices of logs, sawnwood, plywood and other wood products from main timber markets in several Chinese regions...
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The 26 ports in Jiangsu Province handle the highest volume of timber imports in China. In the first half of 2013 timber imports through ports in Jiangsu Province achieved a new record of 8.09 million cubic metres valued at US$1.6 billion, a year on year increase of 12 percent in volume and value...
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The 2013 Conference of China’s Chamber of Commerce for import and export of timber was held in Wenzhou City recently. According to information from the recently concluded conference in Wenzhou City, around 30% of the domestic market for wood products is met from manufacturers in Wenzhou.
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According to the State Forestry Administration Annual Forestry Statistical Yearbook for 2012, the total output value of China’s forestry industry was RMB3.95 trillion in 2012 (calculated at present price). This represents an increase of 29% compared to levels in 2011. The growth rate in output from China’s forest industry has averaged 23% since 2001.
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