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Ghana's export of wood products for the first three months of 2015 totalled 81,518 cu.m, some 48% more than for same period in 2014 and resulted in earnings of euro 43 million, almost double that in the first quarter 2014.
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It is estimated that Guyana's forestry and wood processing sectors contribute between US$40 million and US$60 million to export earnings annually representing between 3 and 4% of GDP. Annual average timber and timber products production is estimated at 420,000 cubic metres, with plywood and furniture manufacturing being two key value added products
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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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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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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$130 per cubic metre FOB.
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Only greenheart and mora logs were exported in the period reviewed, there was no export of purpleheart logs. Greenheart log FOB prices were fair on the market with Standard Sawmill Quality priced at an average of US$ 140 per cu.m, Fair Sawmill Quality US$130per cu.m and Small Sawmill Quality US$120 per cu.m...
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There were no exports of the main commercial species in the period under review. However the wamara (Swartzia leiocalycina) logs made an impact on the export market attracting favourable prices as much as US$160 per cubic metre in Asian markets. Sawnwood exports continued and both Undressed (rough sawn) Dressed categories were traded...
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Sawnwood export demand was positive and exports were made at favourable prices. Exports of Undressed greenheart made a solid contribution to total export earnings. In the select category top end FOB prices for Undressed greenheart fell from US$1,835 to US$1,166 per cubic metre
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In the last two weeks of August there were no exports of greenheart and purpleheart logs. However, mora logs were traded and secured better prices in the international markets for all categories. The top end prices for Standard quality was US$160 per cu.m FOB, Fair quality mora logs earned US$140 per cu.m FOB and Small quality prices were US$130 per cu.m FOB. Guyana’s log export market continues to be supported by the Asian market...
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A workshop organised by the Working Group on Forest Certification, established to support the Voluntary Partnership Agreement (VPA) process, has been held in Accra...
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