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    West Africa receives few inquiries ahead of summer holidays

 

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Архів Новин

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  From thinning to final felling - New John Deere 1070D Eco III harvester
  Myanmar: Sawnwood market slow
  Malaysia: Furniture exports set to recover
  Brazil: ‘Ghost’ timber companies in Pará
  China’s wood products trade
  Indonesia: Reforestation in Jambi
  Weinig wants to take over insolvent Holz-Her
  Peru: FTA with EU
  India: Exports up three months in a row
  France: Price for Standing Lumber, Sept-Oct 2009

West Africa receives few inquiries ahead of summer holidays
19/06/2009 - 18:01
There were no reports of further price changes for logs or sawn lumber through to mid-June. Markets appear stable at the present time, with Asian destinations continuing to be the most reliable and steady buyers. There have been some recent inquiries from European buyers asking for sipo, iroko and azobe logs. This is unlikely to result in a large volume business but could be an indication that European de-stocking has now resulted in establishing a basis for new purchases in select species. The same cannot be said for sawn lumber, although there are some reports that stocks of the prime, favorite timbers are becoming less available generally and that gaps in stock are less able to be filled by inter-merchant trading.

Some European traders now appear to be more optimistic for their future prospects as we move into the third quarter but it is unlikely the continental buyers will want to make any large commitments ahead of the vacation period that in mainland Europe begins at the end of June. Unemployment levels are still rising in most countries, especially in the UK and although house resale prices have stabilized and stock markets have been rising, the economic and financial crisis is far from over. In the UK, the various government schemes for assisting with housing finance and avoidance of repossessions has not yet trickled down to implementation on the ground and thus the housing sector is expected to remain very depressed for some time. West African exporters believe China has reversed the trend toward increasing sawn lumber imports in place of logs as demand and inquiries for sawn lumber have been low, while log buying has been maintained at a moderate to stable level. Some West African producers are considering even further reductions in output of sawn lumber and downstream components, and even some temporary mill closures.

As reported at end-May, the market still appears to be finely balanced and stable, with most of the emphasis on log business. Exporters consider there will be continued market stability through to the end of the current quarter.

Central/West Africa
West Africa logs, FOB € per m³
Asian market
LM
B
BC/C
Acajou/ Khaya/N'Gollon
205
205
153 
Ayous/Obéché/Wawa
190
190
145
Azobe & Ekki
195
195

Belli
190
190
-
Bibolo/Dibétou
150
135

Bubinga
533
457
381
Iroko
257
250
200
Okoume (60% CI, 40% CE, 20% CS)
158
-
-
Moabi
270
270
206
Movingui
170
140
137
Niove
137
137
-
Okan
180
180
122
Padouk
295
270
235
Sapele
225
220
150
Sipo/Utile
260
240
215
Tali
220
220
114 


West Africa sawnwood, FOB
€ per m³
Ayous FAS GMS
300
Fixed sizes 360 
Okoumé FAS GMS
275
Sel. & Bet. GMS Italy
230
Sel. & Bet. fixed sizes
-  
Sipo FAS GMS
500
FAS fixed sizes 545
FAS scantlings
565
Padouk FAS GMS
545
FAS scantlings
585
Strips
450
Sapele FAS Spanish sizes
390
FAS scantlings
460
Iroko FAS GMS
451
Scantlings
455
Strips
345
Khaya FAS GMS
380
FAS fixed
420
Maobi FAS GMS
525
Scantlings
540
Movingui FAS GMS
300-320
(ITTO's Tropical Timber Market Report)
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Однотематичні Новини
  Central/West Africa: FOB prices largely unchanged
  18/03/2010 - 09:40
  Central/West Africa: Clarification on Gabon log ban
  22/02/2010 - 10:31
  Central/West Africa: Firming log prices
  03/02/2010 - 10:15
  Central/West Africa: Slow Start to year
  25/01/2010 - 14:45
  Central/West Africa: Ban appears certain
  18/12/2009 - 14:03
  Central/West Africa: Trade startled by Gabon announcement
  01/12/2009 - 17:45
  Central/West Africa: Markets flat
  25/11/2009 - 17:59
  Central/West Africa: Price adjustments
  03/11/2009 - 21:32
  Central/West Africa: Fourth quarter situation
  19/10/2009 - 14:07
  Central/West Africa: Markets quiet except for Okoumé logs
  05/10/2009 - 12:25
  West Africa trade not likely to pick up in third quarter
  17/09/2009 - 18:45
  West and Central Africa show some progress on plantation investment
  02/09/2009 - 14:31
  Prices hold steady in West Africa
  14/08/2009 - 10:21
  Central/West Africa: Few changes in log prices as slow business continues
  06/08/2009 - 08:55
  Sawn timber business slow in West Africa
  20/07/2009 - 08:36
  West African markets maintain stability
  07/07/2009 - 08:03
  Central/West Africa: Exporters show slight optimism about current quarter
  12/06/2009 - 15:37
  Central/West Africa: Prices hold steady despite sluggish markets
  21/05/2009 - 09:55
  Central/West Africa: Mixed changes in log prices as demand fluctuates
  03/04/2009 - 15:07
  Central/West Africa: Log prices firm up
  17/03/2009 - 12:58
  Central/West Africa: Prices fluctuate as low trade hits producers
  04/02/2009 - 10:14
  Central/West Africa: Business inactive as Europe breaks for holidays
  19/12/2008 - 12:43
  Central/West Africa: Prices unchanged due to slow trading
  19/11/2008 - 10:11
  Central/West Africa: Buyers hesitate amid global economic downturn
  07/11/2008 - 10:41
  Central/West African timber trade continues, stable but slow
  18/09/2008 - 14:18
  Central/West Africa: Difficult market conditions linger for West African producers
  01/07/2008 - 16:43

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Спеціальні Повідомлення

  Situation for Klausner sawmills eases
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  26/06/2009 - 09:16

Специальные Сообщения

  Guyana: Log prices stable, sawnwood prices up
  21/03/2010 - 14:23
  Peru: FTA with EU
  21/03/2010 - 13:59
  Brazil: ‘Ghost’ timber companies in Pará
  21/03/2010 - 13:40
  India: Exports up three months in a row
  19/03/2010 - 10:12
  Myanmar: Sawnwood market slow
  19/03/2010 - 10:05
  Indonesia: Reforestation in Jambi
  19/03/2010 - 09:58
  Malaysia: Furniture exports set to recover
  19/03/2010 - 09:49
  Ghana: Q4 timber contracts
  18/03/2010 - 09:44
  Weinig wants to take over insolvent Holz-Her
  18/03/2010 - 09:06
  Resale - Trade Fair for Used Machinery and Equipment
  18/03/2010 - 08:52
 
 
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