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Trading of framing lumber slowed after Wednesday, as traders hit the exits or waited to take a fresh look at the market after the long holiday weekend...
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Traders had a mix of feelings about the framing lumber market, but sales overall were steady to active in the field, and the overall tone was bullish...
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Post-holiday framing lumber trading was hit and miss. Some traders were slow to return to their offices, and buyers covered what they needed but steered clear of adding to inventories. Sales were sufficient to keep most prices in western and Canadian species on an even keel or tilted upward...
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After a recent round of meetings Guyanese stakeholders are now more familiar with the VPA and Guyana's progress to date. Participation at these meetings included representatives from the industry, civil society, indigenous communities and government agencies and focussed on capacity building and the establishment of an effective communication system for the VPA process...
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Less than a week into the month, some traders were already calling framing lumber markets “the June swoon.” Prices eroded in the West and Canada, while a mix of recent trends flattened in Southern Pine. In total, traders noted decent liquidity, but it often took lower prices and a more aggressive approach on the part of sellers to entice buyers. Declines far outnumbered gains, and the Random Lengths Framing Lumber Composite Price fell $6, to $375...
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Sawnwood exports were active and attractive prices were earned on the export market. Undressed greenheart (Prime quality) commanded a price as high as US$1,338 per cubic metre FOB and was shipped to buyers in the Middle East and Oceania
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Wood flowed through the distribution pipeline readily; however, ample mill offerings kept prices of framing lumber soft. The Random Lengths Framing Lumber Composite fell to $371...
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During the period reviewed there were no shipments of greenheart logs but purpleheart logs were exported and at moderately attractive prices. Standard Sawmills quality purpleheart logs were priced at US$300 per cubic metre FOB. Mora logs were sold for a fair price to international buyers with mora Standard Sawmill quality logs fetching US$150 per cubic metre FOB. Fair Sawmill quality mora attracted an FOB price of US$140 while Small Sawmill quality mora logs were traded at US$130 per cubic metre FOB.
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The German Development Bank (KFW) is going financially to contribute in the implementation of a sustainable forest management programme to improve competitiveness of the Peruvian forestry sector...
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Only greenheart and mora logs were exported in the period reviewed, there was no export of purpleheart logs. Greenheart log FOB prices were fair on the market with Standard Sawmill Quality priced at an average of US$ 140 per cu.m, Fair Sawmill Quality US$130per cu.m and Small Sawmill Quality US$120 per cu.m...
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