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Sep 2017

Ghana: Current prices for exported wood products

Prices for Ghana's exported wood products are the following between 16-31 August 2017 [Ещё… ]

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 [Ещё… ]

Jun 2017

Ghana: Prices for exported wood products

Prices for Ghana's exported wood products are the following between 16-31 May 2017 [Ещё… ]

Mar 2017

Ghana: Prices for exported wood products

Latest prices in Ghana for exported logs, sawnwood, veneer and plywood... [Ещё… ]

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. [Ещё… ]

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 [Ещё… ]

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 [Ещё… ]

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 [Ещё… ]

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 [Ещё… ]

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 [Ещё… ]

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 [Ещё… ]

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. [Ещё… ]

Ghana: Prices for exported wood products

Latest prices in Ghana for exported logs, sawnwood, veneer and plywood... [Ещё… ]

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 [Ещё… ]

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 [Ещё… ]

Nov 2015

Central/West Africa: Log and sawnwood prices in October

In the two weeks to the end of October Central and West African FOB prices remain largely unchanged with just one or two minor adjustments reflecting the slow demand in China. While demand from European buyers is, at best, moderate it is sufficient to provide a firm base for the current price levels [Ещё… ]

Oct 2015

Central/West Africa: Improving export volumes and prices in EU

African exporters find their European business has been improving in terms of both volume and price signaling a solid foundation to demand. For the past two or three years EU importers have very carefully managed stock levels of tropical timbers but as the economies in some EU member states improve there has been an increase in timber consumption for infrastructure projects, housing and renovation works which encouraged importers to expand stock levels [Ещё… ]

Central/West Africa: EU markets underpinning price stability

Producers report that demand in European markets is firm and prices are stable and that this is assisting them in maintaining price levels in other markets. Demand for okoume logs and sawnwood for the Chinese market is slow and prices have not recovered. FOB prices for okan and sapele are also under pressure as demand slows but for most of the other timbers prices are stable. [Ещё… ]

Sep 2015

Central/West Africa: Market prospects hinge on Chinese economy

Prices for the majority of West African timbers have been maintained for some time now but there are some signs of weakness in log prices. Trade with Chinese importers is still at a low level and whilst there are now some reassuring moves by the Chinese government to bring stability to the economy the impact of the current fall in demand will take time to trickle down to the timber trade. Currently, Chinese traders are trying to reduce landed stocks of log and sawnwood before [Ещё… ]